Japan's household spending in May jumped 11.6% from a year earlier, following a sharp increase the previous month, as it continued to rebound from a slump last year caused by the coronavirus pandemic, government data showed Tuesday.
Average spending by households with two or more people in real terms stood at ¥281,063 ($2,500), the Internal Affairs and Communications Ministry said. The year-on-year gain was the second-largest since comparable data became available in January 2001, following a 13.0% spike in April.
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