February 06, 2024 01:01 GMT
Japan Dec Household Spending -2.5% y/y
JAPAN DATA
MNI (Singapore)
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- Average spending by Japanese households with two or more people decreased 2.5% y/y in December, following last 2.9% y/y drop, marking the tenth consecutive fall.
- Spending on food fell 1.3% y/y in December, dip further than last 1.2% y/y fall in November.
- Spending on fuel, lighting and water fell 1.3% y/y, following the previous 0.8% y/y decrease.
- The average real income of households with salaried workers fell 7.2% y/y, expending from the previous 4.7% y/y decrease.
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