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<Econ> Japan Mar Housing Starts -29.3% YoY, Decline Larger Than Expected
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Japan's Ministry of Land, Infrastructure, Transport and Tourism announced that housing starts in March fell 29.3% YoY to 63,495 units, marking the fifth consecutive month of decline. The drop was larger than the market expectation of a 28.5% decrease, compared with a 4.9% decline in the previous reading.

On an annualized basis, housing starts in March were 736,000 units, falling for the third consecutive month and below the market forecast of 750,000 units. (da/)

Related NewsDurable Goods Orders MoM for Mar in the United States is 0.8%, higher than the previous value of -1.4%. The forecast was 0.5%.


This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.
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