Average household spending in July dropped 1.6 percent from a year earlier for the fourth consecutive month of decline, the government said in a report released Friday.
Inflation-adjusted average monthly spending, a key gauge of personal consumption, came to 314,946 yen per household, down due to cuts in expenditure on food and housing, said the Ministry of Public Management, Home Affairs, Posts and Telecommunications.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.