Japan: Average Two-or-More-Person Households' Monthly Real Expenditure (YoY) - Non-Durables

Macro

2026-10-09

Description

-

Published by
Cabinet Office of Japan (Choice)
Frequency
Monthly
Next Update

AI Data Insight

Japan's latest real household spending on non-durable goods for Q3 2026 declined by 3.0% year-over-year, slightly narrowing from the previous 3.8% drop. Despite consecutive positive growth in real wages, the public remains conservative toward daily consumption amid high prices and squeezed real purchasing power. The persistently weak consumption momentum may complicate the Bank of Japan's interest rate hike path.

AI Data Insight

Japan's latest real household spending on non-durable goods for Q3 2026 declined by 3.0% year-over-year, slightly narrowing from the previous 3.8% drop. Despite consecutive positive growth in real wages, the public remains conservative toward daily consumption amid high prices and squeezed real purchasing power. The persistently weak consumption momentum may complicate the Bank of Japan's interest rate hike path.

Description

-

Published by
Cabinet Office of Japan (Choice)
Frequency
Monthly
Next Update