Household spending in Japan grew by 0.7% year-on-year in real terms in July 2021, missing market estimates of a 2.9 a % growth and after a 5.1% drop in the prior month. There was a rebound in spending on food (1.9% vs -1.6% in June), clothing (2.7% vs -15.1%), transport & communication (14.2% vs -5.8%), and culture & recreation (1.7% vs -0.2%). In contrast, spending declined for housing (-1.7% vs 1%), fuel, light & water charges (-5.9% vs -5.8%), furniture & household (-8.4% vs -21.7%), medical care (-7% vs 2.7%), and education (-9.9% vs 12.1%). On a monthly basis, household spending unexpectedly dropped by 0.9%, missing consensus of a 1.1% gain and after a 3.2% fall in July. source: Ministry of Internal Affairs & Communications

Household Spending in Japan averaged -0.77 percent from 2001 until 2021, reaching an all time high of 13 percent in April of 2021 and a record low of -16.20 percent in May of 2020. This page provides the latest reported value for - Japan Household Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Household Spending - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Household Spending in Japan is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Household Spending is projected to trend around 2.00 percent in 2022, according to our econometric models.

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Japan Household Spending

Actual Previous Highest Lowest Dates Unit Frequency
0.70 -5.10 13.00 -16.20 2001 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-03 11:30 PM Apr 13% 6.2% 9.3% 9.5%
2021-07-05 11:30 PM May 11.6% 13% 10.9% 11%
2021-08-05 11:30 PM Jun -5.1% 11.6% 0.1% 0.4%
2021-09-06 11:30 PM Jul 0.7% -5.1% 2.9% 2.7%
2021-10-07 11:30 PM Aug 0.7%
2021-11-04 11:30 PM Sep
2021-12-06 11:30 PM Oct


News Stream
Japan Household Spending Rises Less than Estimated
Household spending in Japan grew by 0.7% year-on-year in real terms in July 2021, missing market estimates of a 2.9 a % growth and after a 5.1% drop in the prior month. There was a rebound in spending on food (1.9% vs -1.6% in June), clothing (2.7% vs -15.1%), transport & communication (14.2% vs -5.8%), and culture & recreation (1.7% vs -0.2%). In contrast, spending declined for housing (-1.7% vs 1%), fuel, light & water charges (-5.9% vs -5.8%), furniture & household (-8.4% vs -21.7%), medical care (-7% vs 2.7%), and education (-9.9% vs 12.1%). On a monthly basis, household spending unexpectedly dropped by 0.9%, missing consensus of a 1.1% gain and after a 3.2% fall in July.
2021-09-07
Japan Personal Spending Unexpectedly Drops
Household spending in Japan unexpectedly decreased by 5.1% year-on-year in real terms in June 2021, after an 11.6% surge in May and missing market estimates of a 0.1% growth. This marked the first decline in personal consumption since February, as spending deteriorated following the latest wave of COVID-19 cases. Spending fell for food (-1.6% vs 2.1% in May), fuel, light & water charges (-5.8% vs -2.4%), furniture & household (-21.7% vs-2.6%), clothing (-15.1% vs 13%), transport & communication (-5.8% vs 23.5%), and culture & recreation (-0.2% vs 24%). In addition, consumption grew softer for medical care (2.7% vs 14.9%), housing (1% vs 28.9%), and education (12.1% vs 22.8%). On a monthly basis, household spending unexpectedly dropped by 3.2%, missing consensus of a 2% gain and after a 2.1% fall in June.
2021-08-05
Japan Personal Spending Growth Slows
Household spending in Japan rose 11.6% in real terms from a year earlier in May 2021, after a 13% gain in April and compared with market expectations of 10.9%. This was the third straight month of increase in personal consumption, amid base effects from 2020's sharp fall due to the initial impact of the COVID-19 crisis. Spending continued to rise for food (2.1% vs 3.5 in April), housing (28.9% vs 15.3%), clothing (13% vs 84.8%), medical care (14.9% vs 8.9%), transport & communication (23.5% vs 20.1%), education (22.8% vs 15.5%), and culture & recreation (24% vs 25.1%). On the other hand, consumers spent less on fuel, light & water charges, which was the second time since May 2020 (-2.4% vs -5.1%). Also, spending on furniture & household declined for the first time in three months (-2.6% vs 9.2%). On a monthly basis, household spending fell by 2.1%, less than consensus of a 3.7% drop and after a 0.1% gain in April.
2021-07-05
Japan Household Spending Rises More than Expected
Household spending in Japan surged 13% in real terms from a year earlier in April 2021, accelerating from a 6.2% gain in March and well above market expectations of 9.3%. This was the steepest increase since comparable monthly data became available in January 2001 and amid base effects from 2020's sharp fall due to the initial impact of the COVID-19 crisis. Spending rose for most categories: food (3.5% vs flat reading in March), clothing (84.8% vs 4.4%), housing (15.3% vs 26.5%), furniture & household (9.2% vs 7.4%), medical care (8.9% vs 7.1%), transport & communication (20.1% vs -2.7%), education (15.5% vs 33.3%), and culture & recreation (25.1% vs 12.3%). On the other hand, consumers spent less on fuel, light & water charges, which was the first time since May 2020 (-5.1% vs 7.8%). On a monthly basis, household spending unexpectedly grew by 0.1%, beating consensus of a 2.2% drop and after a 7.2% surge in March.
2021-06-03

Japan Household Spending
In Japan, household spending refers to the annual change of consumption expenditures (on food, housing, utilities, furniture, clothing, health, education, transport, communication, leisure activities, etc.) in real terms for two-or-more-person households including agricultural, forestry and fisheries households.