Japan’s Household Spending up 0.4% in May

June 29, 2007
By Ken Worsley

The Statistics Bureau has kept us busy today. Its monthly family income and expenditure survey was released, and shows that household spending in Japan increased by 0.4% in May.

Last month, the average household income in Japan stood at 431,013 yen (+1.0% from a year ago). The average monthly household spending per household with two or more people was at 293,231 yen. According to the report, the rise in spending was mainly driven by increases in medical and education costs.

Disposable income, at 332,806 yen, was up 1.6% from a year ago.

Filed Under Consumer Spending, Economic Reports, Household Spending