Japan household spending falls 2.8% in September


Japan’s household spending in September fell 2.8 percent from a year earlier, declining for the seventh consecutive month, government data showed Tuesday.

Households of two or more people spent an average of 282,969 yen ($1,890), the Ministry of Internal Affairs and Communications said.

The data is a key indicator of private consumption, which accounts for more than half of the country’s gross domestic product.

Kyodo News

Kyodo News