AI Data Insight
In April 2026, the average durable goods expenditure for Japanese households with two or more people dropped to 22,689 yen, declining from both the previous month and the same period last year. Although the Shunto (spring wage offensive) drove an increase in disposable income, overall real consumption contracted for the fifth consecutive month, indicating that inflationary pressure and geopolitical risks continue to weaken public willingness to purchase big-ticket items.