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.

Household Spending in Japan averaged -0.77 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 August of 2020. source: Ministry of Internal Affairs & Communications

Household Spending in Japan is expected to be -3.50 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 3.00 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
-1.20 -16.20 9.50 -16.20 2001 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-05-07 11:30 PM Mar -6% -0.3% -6.7% -5.6%
2020-06-04 11:30 PM Apr -11.1% -6% -15.4% -22.2%
2020-07-06 11:30 PM May -16.2% -11.1% -12.2% -13%
2020-08-06 11:30 PM Jun -1.2% -16.2% -7.5% -8.2%
2020-09-07 11:30 PM Jul -1.2%
2020-10-08 11:30 PM Aug
2020-11-05 11:30 PM Sep
2020-12-07 11:30 PM Oct


News Stream
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 Falls at Record Pace
Japan's household spending plunged 16.2 percent from a year earlier in May 2020, following an 11.1 percent fall in the previous month and compared to expectations of a 12.2 percent drop. It was the eighth consecutive decline and the sharpest fall on record, as consumers continued to cut purchases sharply in response to the pandemic. Expenditures declined steeply for clothing & footwear (-38.3 percent vs -55.4 percent in April), culture & recreation (-37.9 percent vs -33.9 percent), medical care (-7 percent vs -2.8 percent), and food (-5.4 percent vs -6.6 percent). Meanwhile, spending fell sharply for housing (-26 percent) following a 9 percent increase in the previous month, and also fell for utilities (-5.9 percent vs +7.4 percent). On a monthly basis, household spending edged down 0.1 percent after decreasing 6.2 percent in the previous period and compared to market expectations of a 1.8 percent increase.
2020-07-06
Japan Household Spending Drops Further
Japan's household spending plunged 11.1 percent from a year earlier in April 2020, following a 6 percent fall in the previous month and compared to expectations of a 15.4 percent drop. It was the seventh consecutive decline, as consumers continued to cut purchases sharply in response to the pandemic. Expenditures declined steeply for clothing & footwear (-55.4 percent vs -26.1 percent in March), culture & recreation (-33.9 percent vs -20.6 percent), and food expenditures (-6.6 percent vs -2.4 percent). In addition, medical care costs fell 2.9 percent after increasing 0.4 percent. In contrast, spending increased for utilities (7.4 percent vs 1 percent) and housing (9 percent vs 1.8 percent). On a monthly basis, household spending plunged 6.2 percent after decreasing 4 percent in the previous period and compared to market expectations of an 8.7 percent drop.
2020-06-04
Japan Household Spending Plummets 6% YoY
Japan's household spending plunged 6 percent from a year earlier in March 2020, following a 0.3 percent fall in the previous month and compared to expectations of a 6.7 percent drop. It was the sixth consecutive decline, as consumers cut purchases sharply in response to the pandemic. Spending declined steeply for clothing & footwear (-26.1 percent vs -7.7 percent in February), culture & recreation (-20.6 percent vs -4 percent), and education (-17.4 percent vs -5.6 percent). Also, food expenditures declined 2.4 percent after rising 4.2 percent. In contrast, spending rose for housing (1.8 percent vs 1.7 percent) and fuel, light & water charges (1 percent vs -6 percent), while medical care expenditures slowed down (0.4 percent vs 7.8 percent). On a monthly basis, household spending plunged 4 percent after increasing 0.8 percent in the previous period, matching market expectations.
2020-05-07

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.