AI Data Insight
According to the latest data, the average spending per household in Japan climbed to 310,975 Yen in the third quarter of 2026, a significant increase of approximately 3.2% compared to the previous figure of 301,245 Yen. However, the annual decline in real spending still reached 3.1%, which, although better than the market consensus, highlights the decoupling phenomenon of "wage growth and conservative consumption" with its ninth consecutive month of contraction, adding uncertainty to subsequent monetary normalization.