The average of household spending in Japan was down 8.0 percent on year in May, the Ministry of Internal Affairs and Communications said on Friday - standing at 271,411 yen.
That was well shy of forecasts for a decline of 2.1 percent on year following the 4.6 percent contraction in April.
The average of monthly income per household stood at 421,117 yen, down 4.6 percent on year.
The average of consumption expenditures per household was 293,050 yen, down 8.8 percent on year.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.