Japan's household spending fell 3.6 percent in July as real income declined
Japanese households with at least two people spent an average 301,245 yen in July, the Statistics Bureau reported Friday. That was 1.5 percent less than a year earlier in nominal terms and 3.6 percent less after adjusting for prices.
Income fell as well.
Workers' households received an average 689,476 yen during the month. Nominal income declined 1.7 percent from July 2025, while real income fell 3.8 percent.
The release is a statistical summary. It gives no explanation for either decline.
