Japan household spending down in May

Japan household spending down in May

(Finance) – In the month of May the family consumption In Japan, they stood at 290,328 yen, down 0.3% on a monthly basis, after -1.2% in April, against analysts’ expectations for a growth of 0.5%.

The data was communicated onNational Statistical Office Japanese, according to which the trend figure stands at -1.8% (+1.4% nominal).

Always in May, the average monthly income of working-class familiesstood at 500,231 yen, up 6.4% in nominal terms and 3.0% in real terms.

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