The average household spending in Japan was down 2.3 percent on year in January, the Ministry of Internal Affairs and Communications said on Friday - standing at 283,118 yen.
That was well shy of forecasts for a contraction of 0.9 percent following the 0.5 percent increase in December.
The average of monthly income per household was 430,485 yen, up 2.4 percent, while the average of consumption expenditures fell 2.8 percent to 309,483 yen.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.