Financial News: Japan Household Spending Sinks 1.7% In July

Japan Household Spending Sinks 1.7% In July

09/05/2024 - 19:40:00 (RTTNews)

(RTTNews) - The average of household spending in Japan slipped a seasonally adjusted 1.7 percent on month in July, the Ministry of Internal Affairs and Communications said on Friday - coming in at 290,931 yen.

That missed forecasts for a decline of 0.2 percent following the 0.1 percent increase in June.

On a yearly basis, household spending added 0.1 percent - again shy of expectations for an increase of 1.2 percent following the 1.4 percent contraction in the previous month.

The average of monthly income per household stood at 694,483 yen, up 5.5 percent on year.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Latvia Trade Deficit Widens In July (18 min(s), 05 sec(s) ago)
(RTTNews) - Latvia's foreign trade deficit increased in July from a year ago, as imports grew ...Full Story»

Turkey Industrial Production Falls 3.9% (37 min(s), 05 sec(s) ago)
(RTTNews) - Turkey's industrial production declined for the second straight month in July, the ...Full Story»

Brazil Inflation Eases To 4.24% (01 hr(s), 05 min(s), 05 sec(s) ago)
(RTTNews) - Brazil's consumer price inflation eased for the first time in four months in Augus ...Full Story»

Hungary Inflation Eases To 3.4%, Lowest In 42 Months (02 hr(s), 11 min(s), 05 sec(s) ago)
(RTTNews) - Hungary's consumer price inflation slowed in August to the lowest level in three-a ...Full Story»

Austria Production Index Declines At Slower Pace (02 hr(s), 39 min(s), 05 sec(s) ago)
(RTTNews) - Austria's production index posted a slower decline in July, figures from Statistic ...Full Story»

Czech Inflation Steady At 2.2% (03 hr(s), 26 min(s), 05 sec(s) ago)
(RTTNews) - The Czech Republic's consumer price inflation held steady in August after rising i ...Full Story»

Norway Inflation Eases Unexpectedly, Producer Prices Rise Further (04 hr(s), 23 min(s), 05 sec(s) ago)
(RTTNews) - Norway's consumer price inflation eased somewhat in August, while producer prices ...Full Story»

Spain Industrial Output Falls For First Time In 4 Months (04 hr(s), 56 min(s), 05 sec(s) ago)
(RTTNews) - Spain's industrial production declined for the first time in four months in July d ...Full Story»