Market Overview

Japan Household Spending Declines 2.3% In January

Share:

According to Japanese government data, household spending dropped in January.

January real spending by households of two or more people fell 2.3% y/y, according to the Ministry of Internal Affairs. However, analysts were expecting a 0.8% decline in spending.

The core consumer price index, excluding volatile fresh-food costs, declined 0.1% y/y, versus estimates for a 0.2% decline. Core CPI fell 0.2% month-on-month. Overall CPI climbed 0.1% y/y and 0.2% versus December.

Posted-In: Japan Household SpendingNews

 

Related Articles

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→