August 05, 2022 01:45 GMT
Japan Jun Household Spending +3.5% y/y; 1st Rise In 3 Mths
JAPAN DATA
Datamarkets-real-timeBank of Japan (BOJ) Market NewsData BulletBulletMarketsFixed IncomeForeign Exchange
- Average spending by Japanese households with two or more people increased for the first time in three month by 3.5% y/y in June, wiping off the 0.5% drop last month.
- Spending on food fell 1.0% y/y in June, quicker than last month's 0.5% y/y decrease.
- Spending on fuel, lighting and water dropped 2.9% y/y, down from last 0.5% y/y growth.
- The average real income of households with salaried workers fell 1.4% y/y, slower than the previous 2.7% y/y decrease, marking he third consecutive monthly fall.
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