December 06, 2022 00:58 GMT
Japan Oct Household Spending +1.2% y/y; 5th Monthly Rise
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- Average spending by Japanese households with two or more people increased for a fifth month by 1.2% y/y in October, decelerating from last 2.3% y/y increase.
- Spending on food edged down 0.4% y/y in October, compared with last 1.2% y/y gain in September.
- Spending on fuel, lighting and water rose 2.2% y/y, converting last 1.6% y/y fall.
- The average real income of households with salaried workers fell 0.9% y/y, down from the previous 0.2% y/y increase.