Financial News: Japan Household Spending Slips 0.5% On Year In

Japan Household Spending Slips 0.5% On Year In February

04/04/2024 - 21:26:00 (RTTNews)

(RTTNews) - The average household spending in Japan was down 0.5 percent on year in February, the Ministry of Internal Affairs and Communications said on Friday - standing at 279,868 yen.

That beat expectations for a decline of 2.8 percent following the 6.3 percent slide in January.

On a monthly basis, household spending rose 1.4 percent - again exceeding expectations for a gain of 0.5 percent after slumping 2.1 percent a month earlier.

The average monthly income per household stood at 561,495 yen, down 2.5 percent on year.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Norges Bank Keeps Policy Rate Steady At 4.50% (05 hr(s), 37 min(s), 24 sec(s) ago)
(RTTNews) - The Norwegian central bank maintained its key interest rate for the third straight dec ...Full Story»

U.S. Service Sector Activity Contracts For First Time Since December 2022 (05 hr(s), 58 min(s), 24 sec(s) ago)
(RTTNews) - After growing for fifteen consecutive months, U.S. service sector activity unexpectedl ...Full Story»

Eurozone Unemployment Rate Steady At 6.5% For Fifth Month (06 hr(s), 16 min(s), 24 sec(s) ago)
(RTTNews) - Euro area jobless rate remained unchanged at a record low for the fifth month in a row ...Full Story»

U.S. Services PMI Unexpectedly Indicates Contraction In April (06 hr(s), 21 min(s), 24 sec(s) ago)
(RTTNews) - After growing for fifteen consecutive months, U.S. service sector activity unexpectedl ...Full Story»

U.S. Job Growth Falls Short Of Estimates In April, Unemployment Rate Ticks Higher (07 hr(s), 05 min(s), 24 sec(s) ago)
(RTTNews) - After reporting stronger than expected job growth over the past several months, the La ...Full Story»

U.S. Employment Climbs Much Less Than Expected In April (07 hr(s), 53 min(s), 24 sec(s) ago)
(RTTNews) - After reporting stronger than expected job growth over the past several months, the La ...Full Story»

Turkey Inflation Rises Further To 17-Month High (08 hr(s), 18 min(s), 24 sec(s) ago)
(RTTNews) - Turkey's consumer price inflation increased further in April to the highest level ...Full Story»

Italy Jobless Rate Falls To 7.2%, Lowest In Over 15 Years (09 hr(s), 39 min(s), 24 sec(s) ago)
(RTTNews) - Italy's unemployment rate decreased to the lowest level in more than fifteen years ...Full Story»