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%, compared to a forecast of -5.2% and a previous reading of -9.70%.Housing starts measure the number of new residential construction projects that have begun, including both single-family and multi-family units. This indicator primarily reflects the state of private housing construction. In terms of market impact, if the reported value exceeds the forecast, it is considered supportive for the Japanese yen.This data is of moderate importance and is calculated based on changes in the number of new housing construction starts. The report is released monthly, with the next publication scheduled for October 31, 2025.
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