Japan August Annualized Housing Starts: A Bullish Signal for the Yen
The Ministry of Land, Infrastructure, Transport and Tourism of Japan released the annualized housing starts data for August on August 29, 2025. The reported figure was -9.70%, with no forecast available; the previous reading was also -9.70%.Definition: Housing starts refer to the number of new residential construction projects that have begun laying foundations, encompassing both single-family and multi-family dwellings. This metric serves as an indicator of private residential construction activity. In terms of market impact, a reading above expectations is generally supportive for the Japanese yen.This data has a medium importance level (2), is calculated based on changes in the number of new housing construction starts, and is published monthly. The next release is scheduled for October 31, 2025.
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