Household spending in Japan dropped 10.2 percent in real terms in September from the previous year following a 6.9 percent decline in the previous month and compared to consensus of a 10.7 percent drop. The sharpest contractions were observed in culture & recreation (-20.2 percent vs -23.4 percent in August), clothing & footwear (unchanged at -20.2 percent), transportation & communication (-9.2 vs -12.5 percent), medical care (-12.5 percent vs 11.7 percent), housing (-6.8 percent vs 1.1 percent), and food (-3.3 percent vs -3.9 percent). In contrast, expenditure in fuel, light and water charges increased 4.0 percent. On a monthly basis, spending advanced 3.8 percent after growing 1.7 percent, beating expectations of a 2.2 percent increase. source: Ministry of Internal Affairs & Communications

Household Spending in Japan averaged -0.87 percent from 2001 until 2020, reaching an all time high of 9.50 percent in September of 2019 and a record low of -16.20 percent in May of 2020. This page provides the latest reported value for - Japan Household Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Household Spending - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.

Household Spending in Japan is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Household Spending in Japan to stand at 0.80 in 12 months time. In the long-term, the Japan Household Spending is projected to trend around 2.00 percent in 2021, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Japan Household Spending

Actual Previous Highest Lowest Dates Unit Frequency
-10.20 -6.90 9.50 -16.20 2001 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-06 11:30 PM Jun -1.2% -16.2% -7.5% -8.2%
2020-09-07 11:30 PM Jul -7.6% -1.2% -3.7% -3.3%
2020-10-08 11:30 PM Aug -6.9% -7.6% -6.9% -6.5%
2020-11-05 11:30 PM Sep -10.2% -6.9% -10.7% -10.2%
2020-12-07 11:30 PM Oct -10.2%
2021-01-09 11:30 PM Nov
2021-02-06 11:30 PM Dec
2021-03-05 11:30 PM Jan


News Stream
Japan Household Spending Drops Further
Household spending in Japan dropped 10.2 percent in real terms in September from the previous year following a 6.9 percent decline in the previous month and compared to consensus of a 10.7 percent drop. The sharpest contractions were observed in culture & recreation (-20.2 percent vs -23.4 percent in August), clothing & footwear (unchanged at -20.2 percent), transportation & communication (-9.2 vs -12.5 percent), medical care (-12.5 percent vs 11.7 percent), housing (-6.8 percent vs 1.1 percent), and food (-3.3 percent vs -3.9 percent). In contrast, expenditure in fuel, light and water charges increased 4.0 percent. On a monthly basis, spending advanced 3.8 percent after growing 1.7 percent, beating expectations of a 2.2 percent increase.
2020-11-05
Japan Household Spending Drops 6.9% YoY
Household spending in Japan dropped 6.9 percent in real terms in August from the previous year following a 7.6 percent decline in the previous month to match consensus. The sharpest contractions were observed in culture & recreation (-23.4 percent vs -21 percent in July), clothing & footwear (unchanged at -20.2 percent), transportation & communication (-12.5 percent vs -19.6 percent). Also, expenditures of food fell further (-3.9 percent vs -2.6 percent). In contrast, spending in housing rebounded 1.1 percent after plummeting 13.9 percent in July, while expenditures in medical care rose sharply (11.7 percent vs 4.2 percent). On a monthly basis, spending plummeted rebounded 1.7 percent after plunging 6.7 percent in the previous, missing expectations of a 3.2 percent increase.
2020-10-08
Japan Household Spending Sinks 7.6% YoY
Household spending in Japan plunged 7.6 percent in real terms in July from the previous year following a 1.2 percent drop in the previous month and compared to market expectations of a 3.7 percent decline. The sharpest contractions were observed in culture & recreation (-21%), clothing & footwear (-20.2 percent), transportation & communication (-19.6 percent), housing (-13.9 percent) and food (-2.6 percent). In contrast, expenditures in medical care climbed 4.2 percent. On a monthly basis, spending plummeted 6.5 percent following a 13 percent increase.
2020-09-07
Japan Household Spending Shrinks 1.2% YoY
Japan's household spending shrank 1.2 percent from a year earlier in June 2020, following a 16.2 percent fall in the previous month and compared to expectations of a 7.5 percent drop. It was the ninth consecutive decline and follows the sharpest fall on record, but consumers cut purchases at a much softer rate in response to the pandemic. Expenditures declined for clothing & footwear (-4.1 percent vs -38.3 percent in April), culture & recreation (-21.2 percent vs -37.9 percent), and food (-1.8 percent vs -5.4 percent). In contrast, spending rebounded for medical care (1.9 percent vs -7 percent), housing (6.5 percent vs -26 percent), and utilities (6.6 percent vs -5.9 percent). On a monthly basis, household spending rebounded a sharp 13 percent after edging down 0.1 percent in the previous period and compared to market expectations of a 7.5 percent increase.
2020-08-06

Japan Household Spending
In Japan, household spending refers to the annual change of consumption expenditures (on food, housing, utilities, furniture, clothing, health, education, transport, communication, leisure activities, etc.) in real terms for two-or-more-person households including agricultural, forestry and fisheries households.