Just caught the Japan construction news from March - new home starts dropped 29.29% year-over-year, which is actually worse than what analysts expected. They were looking for around a 28.5% decline, but the actual numbers came in even softer than that. The previous month saw a 4.90% dip, so this acceleration in the slowdown is pretty notable. Japan's construction sector seems to be facing some real headwinds right now. Worth keeping an eye on how this plays out in coming months.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin