AI Data Insight
Japan's average monthly household spending dropped to 305,127 yen in Q2 2026, retreating from the previous value of 312,683 yen in Q1 2026. Although real consumption shrank for the fifth consecutive month, the 0.5% year-on-year decline in April outperformed the market expectation of a 1.5% year-on-year decline. The strength of future consumption recovery will depend on whether wage growth can offset the price pressures brought by the yen's depreciation and inflation.