Business · Economy · 7 hrs ago
Japan household spending falls 6.8% in September
Japan’s household spending fell 6.8% in September compared with the same month a year earlier, after adjusting for inflation.
The decline was the biggest since 2020, according to Bloomberg.
Households with two or more people spent an average of 289,536 yen, or $1,833.
Spending is a key measure of private consumption, which accounts for more than half of Japan’s economy.
The fall points to continuing weakness in what people are buying.
At the same time, the Bank of Japan is becoming more confident that inflation is lasting long enough to justify further interest-rate increases.
Japan’s household spending fell 6.8 percent in real terms in September from a year earlier.
The decline was the largest since 2020, according to Bloomberg.
Households of two or more people spent an average of 289,536 yen ($1,833).
The government data is a key indicator of private consumption, which accounts for more than half of Japan’s gross domestic product.
- Who
- Households of two or more people in Japan.
- What
- Household spending fell 6.8 percent in real terms from a year earlier.
- When
- September; the data was reported on November 10, 2026.
- Where
- Japan.
- Why
- Not stated.
This story does not have two clearly opposing sides.
Household spending in Japan fell 6.8 percent in real terms from a year earlier.
Government data on September household spending was reported.
- Annual change
- Down 6.8 percent in real terms
- Average spending
- 289,536 yen ($1,833) per household of two or more people
- Comparison
- Largest fall since 2020
- Economic indicator
- Private consumption accounts for more than half of Japan’s gross domestic product