Consumer spending in Japan rose 0.3% quarter-on-quarter to JPY 310,271 billion in Q1 2026, matching the preliminary estimates of 0.2%, after an upwardly revised 0.1% growth in the previous quarter. Consumer Spending in Japan averaged 291854.94 JPY Billion from 1994 until 2026, reaching an all time high of 318147.50 JPY Billion in the first quarter of 2014 and a record low of 252341.80 JPY Billion in the first quarter of 1994. source: Cabinet Office, Japan

Consumer Spending in Japan decreased to 310694.40 JPY Billion in the second quarter of 2026 from 310751.80 JPY Billion in the first quarter of 2026.

Consumer Spending in Japan decreased to 310694.40 JPY Billion in the second quarter of 2026 from 310751.80 JPY Billion in the first quarter of 2026. Consumer Spending in Japan is expected to be 311701.00 JPY Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Consumer Spending is projected to trend around 316421.00 JPY Billion in 2027 and 320851.00 JPY Billion in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-07 11:50 PM
GDP Private Consumption QoQ Final
Q1 0.3% 0.1% 0.3% 0.3%
2026-08-16 11:50 PM
GDP Private Consumption QoQ Prel
Q2 0% 0.5% 0.5% 0.5%


Related Last Previous Unit Reference
Bank Lending Rate 3.15 3.15 percent Jul 2026
Consumer Confidence 34.90 33.80 points Jul 2026
Consumer Credit 62267.10 60712.00 JPY Billion Mar 2026
GDP Private Consumption 310694.40 310751.80 JPY Billion Jun 2026
Disposable Personal Income 810.64 410.71 JPY Thousand Jun 2026
Gasoline Prices 1.04 1.05 USD/Liter Jul 2026
Household Spending YoY -3.30 -0.40 percent Jun 2026
Household Spending MoM -6.40 3.70 percent Jun 2026
Households Debt to GDP 61.10 61.10 percent of GDP Dec 2025
Personal Savings -5.90 4.20 percent Mar 2026
Retail Sales MoM -4.10 1.70 percent Jun 2026
Retail Sales YoY 0.50 5.00 percent Jun 2026


Japan Consumer Spending
In Japan, final consumption expenditure of households takes into consideration the supply-side estimates as well as the demand-side estimates derived from "Family Income and Expenditure Survey" etc. The final consumption expenditure of households represents the weighed average of demand-side and supply-side estimates.
Actual Previous Highest Lowest Dates Unit Frequency
310694.40 310751.80 318147.50 252341.80 1994 - 2026 JPY Billion Quarterly
Constant Prices 2020, SA