AI Data Insight
Japan's newly released Q2 2026 real average expenditure per household (goods and services) achieved a YoY growth rate of 0.2%, slightly slowing from the previous 0.7% but continuing to show positive growth. Although external macroeconomic data indicates that overall household spending still declined slightly, benefiting from the replacement wave of energy-saving home appliances and expectations of wage hikes, consumption of certain core goods demonstrated resilience. Whether real wages can outpace inflation in the future will be the key to determining a full recovery in consumption.