Economic news

Japan June household spending falls 1.4% year on year

2024.08.05 20:09

TOKYO (Reuters) – Japanese consumer spending fell more than expected in June, government data showed on Tuesday.

Consumer spending contracted 1.4% in June from a year earlier, worse than the median market forecast for a 0.9% decline.

© Reuters. FILE PHOTO: People wait for change of traffic sign in front of a shop at Ginza shopping district in Tokyo, Japan, May 28, 2022. REUTERS/Kim Kyung-Hoon/File Photo

On a seasonally adjusted, month-on-month basis, spending increased 0.1% versus an estimated 0.2% uptick.

To view the data on the website of the Ministry of Internal Affairs and Communications, click here:



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