Business / Economy Nov 6, 2020
September household spending down 10.2%, affected by 2019 tax hike
The monthly drop was the sharpest since the 16.2% plunge logged in May, the largest decrease since comparable data became available in January 2001.
Business / Economy Oct 9, 2020
Japan August household spending down 6.9% on year amid pandemic
Average spending in real terms by households with two or more people stood at ¥276,360 ($2,600), according to the Internal Affairs and Communications Ministry.
Business / Economy Dec 6, 2019
Household spending takes 5.1% dive as Japanese tighten purse strings after tax hike
October’s larger than expected spending dip was the first in almost a year as disasters and the emergence of a 10 percent consumption tax prompted consumers to cut back.
Business / Economy Oct 8, 2019
Japan's household spending rises for ninth month but wages fall
Household spending rose for the ninth straight month in August, offering some relief for Japan's export-dependent economy amid weak global demand and the protracted U.S.-China trade war. But separate data released Tuesday showed wages fell for the eighth consecutive month, pointing to further strains on ...
Business / Economy Mar 8, 2019
Japan's household spending rises 2.0% in January, up for second month
Spending by households rose 2.0 percent from a year earlier in January, up for the second straight month on more expenditure on home renovations, government data showed Friday. Households with two or more people spent ¥296,345 ($2,660) in the reporting month after adjusting for inflation, ...
Business / Economy Feb 8, 2019
Household spending in Japan inched up 0.1% in December, rising for first time in four months
Households increased their spending for the first time in four months in December, with more expenditure on electric appliances. An extra national holiday in the reporting month compared with a year earlier also played a role. Spending by households with two or more people rose ...
Business / Economy Jan 11, 2019
Japan household spending falls for third straight month in November
Japanese households cut spending for the third straight month in November as unseasonably warm weather reduced the need for heating and winter clothing. Spending by households with two or more people fell 0.6 percent in real terms from a year earlier to ¥281,041, according to ...
Business / Economy Nov 6, 2018
Household spending in Japan falls first time in three months
Households reduced spending for the first time in three months in September due to the effects of natural disasters, leading the government to lower its overall assessment, official data showed Tuesday. Spending by households with two or more people fell 1.6 percent from a year ...
Business / Economy Apr 6, 2018
Japan's long growth run faces turning point as wages and spending fall
Japan's longest run of economic expansion since the 1980s asset bubble may be entering a turning point, with data out on Friday suggesting consumption will fail to drive growth if trade frictions undermine exports. Household spending shrank 0.9 percent in February from a year earlier ...
Business / Economy Aug 29, 2017
Japan's job availability at 43-year high, jobless rate steady
Job availability improved for a fifth consecutive month to a 43-year high while the unemployment rate remained unchanged in July, government data showed Tuesday, highlighting Japan's ongoing labor shortage issue. The job availability rate rose to 1.52 positions per job seeker in July, up from ...
Business / Economy Dec 27, 2016
The nation's household spending declined for the ninth consecutive month in November, the government said Tuesday, reflecting consumers' continuing preference to save money rather than spend. The government also said the unemployment rate remained low at 3.1 percent in November despite a 0.1 point increase ...
Business / Economy Nov 29, 2016
The nation's household spending fell for the eighth straight month and the jobless rate remained flat in October, posing persistent challenges for the government's efforts to spur growth momentum in the economy, government data showed Tuesday. Household spending, a key indicator of private consumption, dropped ...