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Japan’s Household Spending Falls Again Despite Wage Gains

Bloomberg Markets Thursday 08 October 2026, 23:35 UTC By Yoshiaki Nohara 1 min read
Key Points

Japan’s Household Spending Falls Again Despite Wage Gains Japan’s household spending fell for a ninth month even as wages continued to climb, showing consumers remain cautious as persistent inflation squeezes purchasing power. Outlays by households adjusted for inflation declined 3.1% in August from a year earlier, the Ministry of Internal Affairs and Communications reported Friday.

Japan’s Household Spending Falls Again Despite Wage Gains Japan’s household spending fell for a ninth month even as wages continued to climb, showing consumers remain cautious as persistent inflation squeezes purchasing power. Outlays by households adjusted for inflation declined 3.1% in August from a year earlier, the Ministry of Internal Affairs and Communications reported Friday. Economists had forecast a 3.6% drop. Spending rose 0.1% from the previous month on a seasonally adjusted basis.
Japan (LOCATION) Household Spending Falls (PERSON) the Ministry of Internal Affairs and Communications (ORG)
Originally published by Bloomberg Markets Read original →

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