AI Data Insight
In Q3 (July) 2026, the average disposable income of workers' households in Japan fell back to 554,381 yen, a significant drop from the 810,644 yen boosted by seasonal bonuses in the previous month, with a real year-on-year decrease of 3.1%. Squeezed by both high prices and social insurance premiums, household consumption expenditure has shrunk for eight consecutive months, leading people to shift towards "selective consumption." Whether real wages can stably turn positive in the future is the key to domestic demand recovery.