The average of household spending in Japan was up a seasonally adjusted 1.7 percent on month in July, the Ministry of Internal Affairs and Communications said on Friday - coming in at 305,694 yen.That beat expectations for an increase of 1.3 percent following the 5.2 percent decline in June.On a yearly basis, household spending was up 1.4 percent - missing forecasts for an increase of 2.2 percent ...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.