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Japan Mar Household Spending Down 2.3% y/y

JAPAN DATA
MNI (Singapore)
  • Average spending by Japanese households with two or more people decreased 2.3% y/y in March, converting the 1.1% y/y rise last month.
  • Spending on food fell 2.5% in March, after last month's 3.6% decrease.
  • Spending on fuel, lighting and water declined 3.2% y/y, dropping from last 1.9% increase.
  • The average real income of households with salaried workers increased 2.3% y/y, quicker than -0.1% y/y increase reported in February.
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  • Average spending by Japanese households with two or more people decreased 2.3% y/y in March, converting the 1.1% y/y rise last month.
  • Spending on food fell 2.5% in March, after last month's 3.6% decrease.
  • Spending on fuel, lighting and water declined 3.2% y/y, dropping from last 1.9% increase.
  • The average real income of households with salaried workers increased 2.3% y/y, quicker than -0.1% y/y increase reported in February.