Construction Orders (YoY)

Actual
22.3%
Previous
-14%
Forecast
9.8%

The Construction Orders released by the Ministry of Land, Infrastructure, Transport and Tourism shows numbers of orders received by construction companies. It is considered as a key indicator for the housing market in Japan. A high reading is seen as positive (or bullish) for the JPY, whereas a low reading is seen as negative (or bearish).

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