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Japan Oct Household Spending +1.2% y/y; 5th Monthly Rise

JAPAN DATA
MNI (Singapore)
  • 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.
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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.