Japan Household Spending Falls 3.3% in June to 290,886 Yen
Updated
Updated · The Mainichi · Aug 7
Japan Household Spending Falls 3.3% in June to 290,886 Yen
3 articles · Updated · The Mainichi · Aug 7
Summary
Households of two or more people spent an average 290,886 yen ($1,840) in June, down a real 3.3% from a year earlier, government data showed Friday.
The decline matters because household spending is a key gauge of private consumption, which accounts for more than half of Japan's gross domestic product.