Japan's household spending plunged 11.1 percent from a year earlier in April 2020, following a 6 percent fall in the previous month and compared to expectations of a 15.4 percent drop. It was the seventh consecutive decline, as consumers continued to cut purchases sharply in response to the pandemic. Expenditures declined steeply for clothing & footwear (-55.4 percent vs -26.1 percent in March), culture & recreation (-33.9 percent vs -20.6 percent), and food expenditures (-6.6 percent vs -2.4 percent). In addition, medical care costs fell 2.9 percent after increasing 0.4 percent. In contrast, spending increased for utilities (7.4 percent vs 1 percent) and housing (9 percent vs 1.8 percent). On a monthly basis, household spending plunged 6.2 percent after decreasing 4 percent in the previous period and compared to market expectations of an 8.7 percent drop.

Household Spending in Japan averaged -0.70 percent from 2001 until 2020, reaching an all time high of 9.50 percent in September of 2019 and a record low of -11.10 percent in April 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 June of 2020. source: Ministry of Internal Affairs & Communications

Household Spending in Japan is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Household Spending in Japan to stand at 2.00 in 12 months time. In the long-term, the Japan Household Spending is projected to trend around 2.00 percent in 2021, according to our econometric models.

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Japan Household Spending

Actual Previous Highest Lowest Dates Unit Frequency
-11.10 -6.00 9.50 -11.10 2001 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-05 11:30 PM Jan -3.9% -4.8% -4% -3.6%
2020-04-06 11:30 PM Feb -0.3% -3.9% -3.9% -4.2%
2020-05-07 11:30 PM Mar -6% -0.3% -6.7% -5.6%
2020-06-04 11:30 PM Apr -11.1% -6% -15.4% -22.2%
2020-07-06 11:30 PM May -11.1%
2020-08-06 11:30 PM Jun 1.5%
2020-09-07 11:30 PM Jul
2020-10-08 11:30 PM Aug


News Stream
Japan Household Spending Drops Further
Japan's household spending plunged 11.1 percent from a year earlier in April 2020, following a 6 percent fall in the previous month and compared to expectations of a 15.4 percent drop. It was the seventh consecutive decline, as consumers continued to cut purchases sharply in response to the pandemic. Expenditures declined steeply for clothing & footwear (-55.4 percent vs -26.1 percent in March), culture & recreation (-33.9 percent vs -20.6 percent), and food expenditures (-6.6 percent vs -2.4 percent). In addition, medical care costs fell 2.9 percent after increasing 0.4 percent. In contrast, spending increased for utilities (7.4 percent vs 1 percent) and housing (9 percent vs 1.8 percent). On a monthly basis, household spending plunged 6.2 percent after decreasing 4 percent in the previous period and compared to market expectations of an 8.7 percent drop.
2020-06-04
Japan Household Spending Plummets 6% YoY
Japan's household spending plunged 6 percent from a year earlier in March 2020, following a 0.3 percent fall in the previous month and compared to expectations of a 6.7 percent drop. It was the sixth consecutive decline, as consumers cut purchases sharply in response to the pandemic. Spending declined steeply for clothing & footwear (-26.1 percent vs -7.7 percent in February), culture & recreation (-20.6 percent vs -4 percent), and education (-17.4 percent vs -5.6 percent). Also, food expenditures declined 2.4 percent after rising 4.2 percent. In contrast, spending rose for housing (1.8 percent vs 1.7 percent) and fuel, light & water charges (1 percent vs -6 percent), while medical care expenditures slowed down (0.4 percent vs 7.8 percent). On a monthly basis, household spending plunged 4 percent after increasing 0.8 percent in the previous period, matching market expectations.
2020-05-07
Japan Household Spending Falls for 5th Month
Japan's household spending fell 0.3 percent from a year earlier in February 2020, following a 3.9 percent fall in the previous month and compared to expectations of a 3.9 percent drop. It was the fifth consecutive decline, as consumers continued to cut purchases after a sales tax hike in October, a typhoon, and the pandemic. Spending declined for utilities fuel, light & water charges (-6 percent vs -5.5 percent), education (-5.6 percent vs -13.1 percent), and clothing & footwear (-7.7 percent vs -4.6 percent). In contrast, consumption rose for food (4.2 percent vs -0.9 percent), housing (1.7 percent vs -3.8 percent), and furniture & household utensils (8.3 percent vs -11.7 percent). Also, spending for medical care surged 7.8 percent as household increased purchases in the midst of the coronavirus outbreak. On a monthly basis, household spending went up 0.8 percent, after falling 1.6 percent in the previous period to beat market expectations of a 0.2 percent drop.
2020-04-06
Japan Household Spending Falls for 4th Month
Japan's household spending declined 3.9 percent from a year earlier in January 2020, following a 4.8 percent fall in the previous month and compared to market forecasts of a 4 percent decrease. It is the fourth consecutive decline in household spending, as consumers continued to cut purchases after a sales tax hike in October, a typhoon that disrupted business, and the novel coronavirus outbreak. Spending declined for food (-0.9 percent vs -2.1 percent in December); housing (-3.8 percent vs -17.4 percent); fuel, light & water charges (-5.5 percent vs -1.8 percent); furniture & household utensils (-11.7 percent vs -13.3 percent); clothing & footwear (-4.6 percent vs -11.1 percent); and education (-13.1 percent vs -16.6 percent). On a monthly basis, household spending went down 1.6 percent, after falling 1.7 percent in the previous month and missing consensus of a 0.9 percent gain.
2020-03-05

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.