Japan's household spending declined 4.8 percent from a year earlier in December 2019, following a 2 percent decline in the previous month. It was the third annual decline in spending in 2019, as consumers cut purchases after a sales tax hike in October and a typhoon disrupted business. Spending declined for furniture & household utensils (-13.3 percent vs -13.1 percent); housing purchases (-17.4 percent vs -4.1 percent); clothing & footwear (-11.1 percent vs -6.8 percent), andfuel, light & water charges (-1.8 percent vs -1.5 percent). In contrast, spending for education fell at a softer rate (-16.6 percent vs -17.1 percent). Meanwhile, consumption for food (-2.1 percent vs 0.2 percent) and recreation & culture (-1.8 percent vs 3.4 percent) declined after rising in November. On a monthly basis, household spending decreased 1.7 percent after rebounding 2.6 percent in November.

Household Spending in Japan averaged -0.61 percent from 2001 until 2020, reaching an all time high of 9.50 percent in September of 2019 and a record low of -10.60 percent in March of 2015. 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. source: Ministry of Internal Affairs & Communications

Household Spending in Japan is expected to be 0.60 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 2.00 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.


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Japan Household Spending

Actual Previous Highest Lowest Dates Unit Frequency
-4.80 -2.00 9.50 -10.60 2001 - 2019 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-07 11:30 PM Sep 9.5% 1% 7.8% 8%
2019-12-05 11:30 PM Oct -5.1% 9.5% -3% -2%
2020-01-09 11:30 PM Nov -2% -5.1% 2.5% -2.7%
2020-02-06 11:30 PM Dec -4.8% -2% -1.7% -2.6%
2020-03-05 11:30 PM Jan -4.8% -4% -3.6%
2020-04-06 11:30 PM Feb -0.2%
2020-05-07 11:30 PM Mar 0.6%
2020-06-04 11:30 PM Apr


News Stream
Japan Household Spending Drops Further
Japan's household spending declined 4.8 percent from a year earlier in December 2019, following a 2 percent decline in the previous month. It was the third annual decline in spending in 2019, as consumers cut purchases after a sales tax hike in October and a typhoon disrupted business. Spending declined for furniture & household utensils (-13.3 percent vs -13.1 percent); housing purchases (-17.4 percent vs -4.1 percent); clothing & footwear (-11.1 percent vs -6.8 percent), andfuel, light & water charges (-1.8 percent vs -1.5 percent). In contrast, spending for education fell at a softer rate (-16.6 percent vs -17.1 percent). Meanwhile, consumption for food (-2.1 percent vs 0.2 percent) and recreation & culture (-1.8 percent vs 3.4 percent) declined after rising in November. On a monthly basis, household spending decreased 1.7 percent after rebounding 2.6 percent in November.
2020-02-06
Japan Household Spending Falls at Softer Clip
Japan's household spending declined 2 percent from a year earlier in November 2019, following a 5.1 percent decline in the previous month. It was the second annual decline in spending in 2019, as consumers cut purchases after a sales tax hike in October and as a typhoon disrupted business. Spending declined for furniture & household utensils (-13.1 percent vs -16.3 percent); housing purchases (-4.1 percent vs -12.7 percent); education (-17.1 percent vs -15.9 percent); clothing & footwear (-6.8 percent vs -10.7 percent), and fuel, light & water charges (-1.5 percent vs -4.6 percent). In contrast, spending rose for recreation & culture (3.4 percent vs -5.1 percent); food (0.2 percent vs -3.9 percent), and medical care (6.0 percent vs -2.8 percent). On a monthly basis, household spending rebounded 2.6 percent after plummeting 11.5 percent.
2020-01-09
Japan Household Spending Falls the Most in Over 3-1/2-Years
Japan's household spending declined 5.1 percent from a year earlier in October 2019, following a 9.5 percent gain in the previous month and missing market expectations of a 3 percent drop. It was the first annual decline in spending in eleven months and the sharpest since March 2016, as consumers cut purchases after a sales tax hike and as a typhoon disrupted business. Spending on furniture & household utensils plunged 16.3 percent, after jumping 60.3 percent in September; and housing purchases dropped 12.7 percent after rising 11 percent. Also, spending fell in education (-15.9 percent vs 9 percent); clothing & footwear (-10.7 percent vs 15.9 percent); transportation & communication (-6.3 percent vs 15.4 percent); recreation & culture (-5.1 percent vs 10.8 percent); food (-3.9 percent vs 3 percent; and medical care (-2.8 percent vs 26.3 percent). On a monthly basis, household spending plummeted 11.5 percent after a 5.5 percent rise and compared with forecasts of a 9.8 percent fall.
2019-12-05
Japan Household Spending Growth Rate at Record High
Japan's household spending surged 9.5 percent from a year earlier in September 2019, accelerating from a 1.0 percent gain in the previous month and well above market expectations of a 7.8 percent rise. It was the tenth consecutive annual increase in spending, the longest such streak since comparable data became available in 2001, as consumers rushed their purchases before a sales tax hike. Spending on furniture & household utensils rebounded jumped 60.2 percent after rebounding 13.2 percent in the previous month, while medical care expenditure soared 26.3 percent after rising 1 percent. Also, transport & communication jumped 15.4 after a 3.4 percent advance, while clothing & footwear rose further (15.9 percent vs 15.9 percent). Meanwhile, food spending accelerated modestly (3 percent vs 1.6 percent). Housing (11 percent) and culture & recreation (10.8) also rose sharply. On a monthly basis, household spending surged 5.5 percent after increasing 2.4 percent in the previous month.
2019-11-08

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.