The country's household spending for May unexpectedly dipped 1.8% in real terms compared to the same period last year.
South Korea's Kospi was 0.9% higher, and the small-cap Kosdaq rose 0.61%. Heavyweight Samsung Electronics on Friday estimated that its second quarter operating profit will surge almost 15-fold. Asia-Pacific markets mostly fell on Friday, with Japan's key benchmarks giving up earlier gains that had lifted the indexes to new highs.as well as the broad-based Topix pared gains after hitting fresh highs. Nikkei was last trading flat, while Topix was down 0.31%.unexpectedly dipped 1.8% in real terms compared to the same period last year. Economists polled by Reuters had estimated a 0.1% rise.
Average spending per household in May was 290,328 yen , while average monthly income stood at 500,231 yen, up 6.4% in nominal terms and 3% higher in real terms from the previous year.Overnight in the U.S., markets were closed for the Independence Day holiday, but futures were little changed ahead of Friday's trading session.
Belgique Dernières Nouvelles, Belgique Actualités
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