Monitor JN Bank Lending y/y to gauge consumer confidence and business spending trends.
There is a positive relationship between borrowing and spending; individuals and companies usually pursue credit when they feel confident about their financial future and are at ease with their spending habits.
What it Measures
This measures the change in the total amount of bank loans outstanding for consumers and businesses.
Usual Effect
When the 'Actual' figure exceeds the 'Forecast', it typically favors the currency.
Source & Frequency
Bank of Japan (latest release) - https://www.boj.or.jp/en/index.htm/ • This data is released monthly, approximately nine days after the month concludes.
How Data is Derived
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Also Known As
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Acronym
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