Tuesday, July 23, 2024
HomebusinessJapan September household spending falls 2.8% yr/yr

Japan September household spending falls 2.8% yr/yr

TOKYO : Japanese household spending in September decreased 2.8 per cent from a year earlier, falling for seven months in a row, government data showed on Tuesday.

It was roughly in line with the median market forecast for a 2.7 per cent decline.

On a seasonally adjusted, month-on-month basis, household spend climbed 0.3 per cent, versus an estimated 0.4 per cent fall.

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