Japan Household Spending Sinks … RTT
Japan Household Spending Sinks 1.3% In April
The average of household spending in Japan was down 1.3 percent on year in April, the Ministry of Internal Affairs and Communications said on Tuesday – coming in at 294,439
That was well shy of forecasts for a gain of 0.8 percent following the 0.7 percent decline in March.
Individually, spending was down on food, fuel, clothing and recreation – while it was higher for furniture, housing and education.
The average of monthly income per household stood at 495,370 yen, up 4.1 percent on year.
by RTTNews Staff Writer