AI Data Insight

Japan's real average household spending fell 1.0% YoY in Q1 2026. Although this narrows the -2.6% decline from the previous reading (Q4 2025), it remains significantly below the market expectation of a 2.5% growth. Plunging education and housing expenditures were the main drags, while food and leisure/entertainment showed a rebound. Whether consumption can recover in the future will highly depend on real wage growth and the results of the Shunto (spring wage offensive) negotiations.

You May Also Like

• The Big Mac index: South Africa
• The Big Mac index: Vietnam
• The Big Mac index: Venezuela
• The Big Mac index: United States
• The Big Mac index: Uruguay
• The Big Mac index: Ukraine
• The Big Mac index: Taiwan
• The Big Mac index: Turkey