AI Data Insight
In the first quarter of 2026, Japan's household consumption of durable goods dropped to 27,065.3 billion yen, continuing to contract from the previous quarter and marking a weak trend of three consecutive quarters of decline. High prices and pressured real wages have significantly cooled the public's willingness to purchase automobiles and large household appliances. With geopolitical risks in the Middle East driving up energy costs, non-essential consumption will continue to face severe challenges in the short term.