The consumer spending in Japan rose 0.1% quarter-on-quarter to JPY 309,442 billion in the Q4 of 2025, in line with expectations and slightly down from a 0.2% increase in Q3. Consumer Spending in Japan averaged 291570.76 JPY Billion from 1994 until 2025, reaching an all time high of 318131.80 JPY Billion in the first quarter of 2014 and a record low of 252337.00 JPY Billion in the first quarter of 1994. source: Cabinet Office, Japan

Consumer Spending in Japan increased to 309442.20 JPY Billion in the fourth quarter of 2025 from 309116.20 JPY Billion in the third quarter of 2025.

Consumer Spending in Japan increased to 309442.20 JPY Billion in the fourth quarter of 2025 from 309116.20 JPY Billion in the third quarter of 2025. Consumer Spending in Japan is expected to be 309063.00 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 315348.00 JPY Billion in 2027 and 319132.00 JPY Billion in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-07 11:50 PM
GDP Private Consumption QoQ Final
Q3 0.2% 0.3% 0.1% 0.1%
2026-02-15 11:50 PM
GDP Private Consumption QoQ Prel
Q4 0.1% 0.4% 0.1% 0.2%


Related Last Previous Unit Reference
Bank Lending Rate 2.75 2.60 percent Jan 2026
Consumer Confidence 37.90 37.20 points Jan 2026
Consumer Credit 57202.60 56452.60 JPY Billion Sep 2025
GDP Private Consumption 309442.20 309116.20 JPY Billion Dec 2025
Disposable Personal Income 1010.41 425.50 JPY Thousand Dec 2025
Gasoline Prices 1.02 1.01 USD/Liter Jan 2026
Household Spending YoY -2.60 2.90 percent Dec 2025
Household Spending MoM -2.90 6.20 percent Dec 2025
Households Debt to GDP 64.00 64.50 percent of GDP Jun 2025
Personal Savings 0.40 0.40 percent Sep 2025
Retail Sales MoM -2.00 0.70 percent Dec 2025
Retail Sales YoY -0.90 1.10 percent Dec 2025


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
309442.20 309116.20 318131.80 252337.00 1994 - 2025 JPY Billion Quarterly
Constant Prices 2020, SA