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Japan July household spending rises 1.4% year/year

Japan July household spending rises 1.4% year/year

FILE PHOTO: A shopping district is pictured in Tokyo, Japan, October 1, 2019. REUTERS/Kim Kyung-Hoon/File Photo

TOKYO :Japanese household spending in July rose 1.4 per cent from a year earlier, internal affairs ministry data showed on Friday, short of the median market forecast for a 2.3 per cent rise.

On a seasonally adjusted, month-on-month basis, spending increased 1.7 per cent, versus an estimated 1.3 per cent rise.

To view the data on the website of the Ministry of Internal Affairs and Communications, click here: http://www.stat.go.jp/english/data/kakei/index.html

Source: Reuters
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