Household spending in Japan plunged 7.6 percent in real terms in July from the previous year following a 1.2 percent drop in the previous month and compared to market expectations of a 3.7 percent decline. The sharpest contractions were observed in culture & recreation (-21%), clothing & footwear (-20.2 percent), transportation & communication (-19.6 percent), housing (-13.9 percent) and food (-2.6 percent). In contrast, expenditures in medical care climbed 4.2 percent. On a monthly basis, spending plummeted 6.5 percent following a 13 percent increase.

Household Spending in Japan averaged -0.80 percent from 2001 until 2020, reaching an all time high of 9.50 percent in September of 2019 and a record low of -16.20 percent in May of 2020. This page provides the latest reported value for - Japan Household Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Household Spending - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Ministry of Internal Affairs & Communications