JPY Retail Sales Preview: Market anticipates a decline
| Pair | Now | Since publish |
|---|---|---|
| USDJPY | — | — |
Japan’s monthly Retail Sales data is scheduled for release on 2026-07-30 at 23:50 UTC. The market consensus anticipates a decline of -1.5% month over month. This follows a previous reading of 1.9%, indicating a notable shift in expectations for consumer spending trends. Given its high impact rating, this release is closely watched for insights into the health of the Japanese economy.
Historically, this release has generated measurable price movements across JPY pairs. For instance, AUDJPY has seen a median 1-hour move of 7 pips, with top-quarter releases moving 11+ pips. CADJPY has a median 1-hour move of 5 pips, with top-quarter releases moving 9+ pips. CHFJPY typically sees a median 1-hour move of 6 pips, with top-quarter releases moving 12+ pips. EURJPY has a median 1-hour move of 7 pips, with top-quarter releases moving 13+ pips. GBPJPY has a median 1-hour move of 8 pips, with top-quarter releases moving 16+ pips. NZDJPY has a median 1-hour move of 6 pips, with top-quarter releases moving 11+ pips. USDJPY has a median 1-hour move of 7 pips, with top-quarter releases moving 15+ pips. Direction-reliability statistics are not yet available for this event.
Recent releases have shown varied outcomes. The print on June 29, 2026, registered 1.9% against a forecast of -1.2%, with USDJPY moving -3.5 pips in the hour following. On May 29, 2026, the actual was 1.3% against a -1.2% forecast, leading to a +2.3 pips USDJPY 1-hour move. The April 30, 2026, release was 1.3%, with USDJPY moving +0.2 pips. Earlier, on March 31, 2026, the actual was -2% compared to a 1.6% forecast. February 27, 2026, saw a 4.1% actual and a -12 pips USDJPY move, while January 30, 2026, recorded -2% and a +42 pips USDJPY move.