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Japan’s August household spending falls 1.9% y/y

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Published Tue, Oct 8, 2024 · 08:24 AM
    • On a seasonally adjusted, month-on-month basis, Japanese household spending went up 2.0 per cent, versus an estimated 0.5 per cent uptick.
    • On a seasonally adjusted, month-on-month basis, Japanese household spending went up 2.0 per cent, versus an estimated 0.5 per cent uptick. PHOTO: BLOOMBERG

    JAPANESE household spending fell 1.9 per cent in August from a year earlier, government data showed on Tuesday.

    That compared with the median market forecast for a 2.6 per cent contraction.

    On a seasonally adjusted, month-on-month basis, spending went up 2.0 per cent, versus an estimated 0.5 per cent uptick. REUTERS

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