Japan Household Spending Jumps 6.2% On Year In March

The average of household spending in Japan was up 6.2 percent on year in March, the Ministry of Communications and Internal Affairs said on Tuesday - coming in at 309,800 yen.

That beat forecasts for an increase of 1.5 percent following the 6.6 percent drop in February.

The average of monthly income per household stood at 484,914 yen, down 1.0 percent on year.

On a monthly basis, household spending climbed 7.2 percent - again exceeding expectations for a gain of 2.1 percent after rising 2.4 percent in the previous month.

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.

Follow RTT