Economic Indicators
Japan Nov household spending falls 2.9% year/year
2024.01.08 19:27
© Reuters. A man chooses electronic parts at a shop at Akihabara district in Tokyo, Japan October 28, 2022. REUTERS/Kim Kyung-Hoon/File Photo
TOKYO (Reuters) – Japanese household spending in November fell 2.9% from a year earlier, down for nine months in a row, government data showed on Tuesday.
That was worse than the median market forecast for a 2.3% decline.
On a seasonally adjusted, month-on-month basis, spending decreased 1.0%, versus an estimated 0.2% rise.
