Household spending in Japan declined by 1.9% year-on-year in real terms in September 2021, compared with market estimates of a 3.9 % drop and after a 3.0% fall in the prior month. This was the second straight month of decrease in personal consumption, amid lingering caution about rising cases of coronavirus. Spending continued to drop for food (-3.5% vs -3.2% in August), clothing (-8.1% vs -11.5%), transport & communication (-6.5% vs -3.4%), culture & recreation (-8.6% vs -3.9%), fuel, light & water charges (-5.7% vs -0.9%), and furniture & household (-15.8% vs -9%). At the same time, consumers spent further on housing (5.3% vs 5.9%) on the back of a sharp rebound in spending on medical care (9.4% vs -8.6%) and a strong pickup in that on education (20.7% vs 3%). On a monthly basis, household spending grew by 5%, the most in five months, beating forecasts of 2.8% and shifting from a 3.9% fall in August. source: Ministry of Internal Affairs & Communications

Household Spending in Japan averaged -0.78 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 YoY - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.

Household Spending in Japan is expected to be 2.50 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 YoY is projected to trend around 2.00 percent in 2022, according to our econometric models.

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Japan Household Spending YoY


Calendar GMT Actual Previous Consensus TEForecast
2021-10-07 11:30 PM Aug -3% 0.7% -1.5% -1.3%
2021-11-04 11:30 PM Sep -1.9% -3% -3.9% -4%
2021-12-06 11:30 PM Oct -1.9% -0.4%


Related Last Previous Unit Reference
Household Spending -1.90 -3.00 percent Sep/21
Household Spending MoM 5.00 -3.90 percent Sep/21

News Stream
Japan Household Spending Falls Less than Expected
Household spending in Japan declined by 1.9% year-on-year in real terms in September 2021, compared with market estimates of a 3.9 % drop and after a 3.0% fall in the prior month. This was the second straight month of decrease in personal consumption, amid lingering caution about rising cases of coronavirus. Spending continued to drop for food (-3.5% vs -3.2% in August), clothing (-8.1% vs -11.5%), transport & communication (-6.5% vs -3.4%), culture & recreation (-8.6% vs -3.9%), fuel, light & water charges (-5.7% vs -0.9%), and furniture & household (-15.8% vs -9%). At the same time, consumers spent further on housing (5.3% vs 5.9%) on the back of a sharp rebound in spending on medical care (9.4% vs -8.6%) and a strong pickup in that on education (20.7% vs 3%). On a monthly basis, household spending grew by 5%, the most in five months, beating forecasts of 2.8% and shifting from a 3.9% fall in August.
2021-11-05
Japan Household Spending Drops More than Estimated
Household spending in Japan declined by 3.0% year-on-year in real terms in August 2021, compared with market estimates of a 1.5 % drop and after a 0.7% rise in the prior month. Spending fell for food (-3.2% vs 1.9% in July), clothing (-11.5% vs 2.7%), transport & communication (-3.4% vs 14.2%), culture & recreation (-3.9% vs 1.7%), furniture & household (-9% vs -8.4%), medical care (-8.6% vs -7%), and fuel, light & water charges (-0.9% vs -5.9%). In contrast, spending gained for housing (5.9% vs -1.7%) and and education (3% vs -9.9%). On a monthly basis, household spending dropped by 3.9%, compared with consensus of a 2.0% fall and after a 0.9% fall in July.
2021-10-07
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 Household Spending YoY
In Japan, Household Spending YoY 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.