AI Data Insight
Japan's average household spending in Q3 (July) 2026 was 301,245 yen. Although higher than the previous value of 290,886 yen, the real annual decline widened to 3.6%, which not only fell far short of market expectations but also marked an eighth consecutive month of contraction. High living costs continue to erode real purchasing power, leading consumers to strictly control non-discretionary and big-ticket expenditures. This weak domestic demand data will also add uncertainty to the Bank of Japan's rate hike decision in September.