The average of household spending in Japan was up 4.7 percent on year in May, the Ministry of Economy, Trade and Industry said on Friday - coming in at 316,085 yen.
That beat forecasts for an increase of 1.3 percent following the 0.1 percent contraction in April.
On a monthly basis, household spending rose a seasonally adjusted 4.6 percent - again exceeding expectations for a gain of 0.4 percent following the 1.8 percent decline 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.
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.