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Japan Household Spending Rises as Incomes Grow in April

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Household spending in Japan rose in April as incomes continued to grow, according to government data released Friday.

Average monthly consumption expenditures for two-or-more-person households stood at 328,969 yen, marking a 1.0% increase in nominal terms and a 0.5% drop in real terms compared with the same month a year earlier.

In contrast, worker households recorded stronger income growth. Average monthly income rose to 612,163 yen, up 3.8% in nominal terms and 2.3% in real terms from the previous year.

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