AI Data Insight
In the latest period (Q3 2026), Japan's average housing expenditure per household fell to 17,291 Yen, a significant decline of 18.1% from the previous value, highlighting that people are forced to cut back under inflation. Although the Shunto (spring wage offensive) drove nominal wage growth, high prices and the depreciation of the Yen have severely eroded purchasing power, crowding out non-essential consumption. Looking ahead, if real wages fail to stably turn positive, sluggish domestic demand may continue to drag down economic recovery.