Financial News: Japan Household Spending Jumps 3.7% In May

Japan Household Spending Jumps 3.7% In May

07/06/2026 - 19:46:00 (RTTNews)

(RTTNews) - The average of household spending in Japan was up a seasonally adjusted 3.7 percent on month in May, the Ministry of Internal Affairs and Communications said on Tuesday - standing at 320,345 yen.

That beat expectations for an increase of 1.4 percent and was up from 1.6 percent in April.

On a yearly basis, spending was down 0.4 percent - but that also beat forecasts for a decline of 2.3 percent following the 0.5 percent drop in the previous month.

The average of monthly income per household stood at 534,893 yen, up 0.7 percent on year.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Australia Trade Surplus Declines (01 hr(s), 03 min(s), 41 sec(s) ago)
(RTTNews) - Australia's trade surplus declined in July due to the fall in exports, data from t ...Full Story»

China Service Sector Growth Improves (01 hr(s), 16 min(s), 41 sec(s) ago)
(RTTNews) - China's services activity grew at a faster pace in August driven by the increase i ...Full Story»

Japan Services PMI Improves To 52.5 - S&P Global (07 min(s), 19 sec(s) ago)
(RTTNews) - The services sector in Japan continued to expand in August, and at a faster pace, the ...Full Story»

Hong Kong Private Sector Slips Into Contraction - S&P Global (03 min(s), 19 sec(s) ago)
(RTTNews) - The private sector in Hong Kong fell into contraction in August, the latest survey fro ...Full Story»

Singapore Private Sector Accelerates In August - S&P Global (19 sec(s) ago)
(RTTNews) - The private sector in Singapore continued to expand in August, and at a slightly faste ...Full Story»

Australia Services PMI Ebbs In August - S&P Global (14 min(s), 19 sec(s) ago)
(RTTNews) - The services sector in Australia continued to expand in August, albeit at a slower pac ...Full Story»

New Zealand Q2 Terms Of Trade Tumbles 9.0% (54 min(s), 19 sec(s) ago)
(RTTNews) - New Zealand's terms of trade dropped a seasonally adjusted 9.0 percent on quarter ...Full Story»

Australia Trade Data Due On Thursday (07 min(s), 19 sec(s) ago)
(RTTNews) - Australia will on Thursday release July figures for imports, exports and trade balance ...Full Story»