Japan's housing starts decreased for the sixth straight month in September, data from the Ministry of Land, Infrastructure, Transport, and Tourism showed on Friday.
Housing starts declined 7.3 percent yearly in September, slower than the 9.8 percent fall in August. Economists had expected a decrease of 7.8 percent.
The data indicated a decrease in new construction across all categories, except issued ones. The decline was more evident in the built-for-sale category, which fell by 8.3 percent, and also rented ones, with a drop of 8.2 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.