Japan's housing starts declined unexpectedly in June, marking the first fall in five months, data published by the Ministry of Land, Infrastructure, Transport and Tourism showed Tuesday.
Housing starts declined 0.2 percent year-on-year in June following a 9.3 percent rise in May. Economists had forecast a 9.4 percent increase.
In June, annualized housing starts totaled 837,000, down from May's three-month high of 903,000.
Meanwhile, construction orders received by big 50 contractors jumped 4.6 percent annually in June, recovering from a 0.9 percent fall in the previous month.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.