Japanese annual household spending drops for 9 straight months

Japan’s household spending falls again despite wage gains

Consumers remain cautious as persistent inflation squeezes purchasing power.

Japanese annual household spending drops for 9 straight months

TOKYO, Oct 9 : Japanese household spending fell less than expected in August from a year earlier, government data showed on Friday, for a ninth straight month of decline.• Consumer spending fell 3.1 per cent year-on-year, data from the internal affairs ministry showed, less than the median market forecast f

Japan Spending Falls 3.1% for Ninth Month

Japan household spending fell 3.1% y/y in August 2026, a ninth straight drop but milder than forecast, even as real wages rose an eighth month.

Japan's Household Spending Falls Again Despite Wage Gains

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