Household spending in Japan declined 0.6 percent in real terms in December from the previous year following a 1.1 percent gain in the previous month and compared to consensus of a 2.4 percent decline. The decline was mainly triggered by sharp contractions in clothing & footwear spending (-11.8 percent vs -16.8 percent in November) and culture & recreation (-11.4 percent). Also, spending in fuel, light & water charges increased 2.9 percent after rising 10.6 percent in the previous month, while expenditures in education also lost steam (16.4 percent vs. 25.6 percent). In contrast, spending in housing surged 15.4 percent. On a monthly basis, spending rebounded 0.9 percent after declining 1.8 percent, and compared with expectations of a 1.9 percent decrease. source: Ministry of Internal Affairs & Communications

Household Spending in Japan averaged -0.85 percent from 2001 until 2021, 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 March of 2021.

Household Spending in Japan is expected to be 1.30 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 2022, according to our econometric models.

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Japan Household Spending

Actual Previous Highest Lowest Dates Unit Frequency
-0.60 1.10 9.50 -16.20 2001 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-05 11:30 PM Sep -10.2% -6.9% -10.7% -10.2%
2020-12-07 11:30 PM Oct 1.9% -10.2% 2.5% 2.7%
2021-01-07 11:30 PM Nov 1.1% 1.9% -1.5% -1.2%
2021-02-04 11:30 PM Dec -0.6% 1.1% -2.4% -2.1%
2021-03-08 11:30 PM Jan -0.6% -2.1% -1.8%
2021-04-05 11:30 PM Feb
2021-05-07 11:30 PM Mar
2021-06-04 11:30 PM Apr


News Stream
Japan Household Spending Drops in December
Household spending in Japan declined 0.6 percent in real terms in December from the previous year following a 1.1 percent gain in the previous month and compared to consensus of a 2.4 percent decline. The decline was mainly triggered by sharp contractions in clothing & footwear spending (-11.8 percent vs -16.8 percent in November) and culture & recreation (-11.4 percent). Also, spending in fuel, light & water charges increased 2.9 percent after rising 10.6 percent in the previous month, while expenditures in education also lost steam (16.4 percent vs. 25.6 percent). In contrast, spending in housing surged 15.4 percent. On a monthly basis, spending rebounded 0.9 percent after declining 1.8 percent, and compared with expectations of a 1.9 percent decrease.
2021-02-04
Japan Household Spending Unexpectedly Rises
Household spending in Japan rose 1.1 percent in real terms in November from the previous year following a 1.9 percent gain in the previous month and compared to consensus of a 1.5 percent decline. Growth was mainly explained by gains in education (26.4 percent), furniture & household utensils (up 10.8 percent) and fuel, light and water charges (10.6 percent). In contrast, clothing an footwear spending declined 16.8 percent. On a monthly basis, spending fell 1.8 percent after growing 2.1 percent, and compared with expectations of a 1.3 percent decrease.
2021-01-08
Japan Household Spending Rebounds Less than Expected
Household spending in Japan rebounded 1.9 percent in real terms in October from the previous year following a 10.2 percent decline in the previous month and compared to consensus of a 2.5 percent increase. Growth was mainly explained by gains in furniture & household utensils (up 39.7 percent), medical care (15.9 percent), housing (13.4 percent), and utilities (7.4 percent). In contrast, transportation & communication spending declined 3 percent. On a monthly basis, spending advanced 2.1 percent after growing 3.8 percent, beating expectations of a 1 percent increase.
2020-12-07
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
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.