Japan Household Spending Slips 0.5% On Year In April

India, June 4 -- The average of household spending in Japan was down 0.5 percent on year in April, the Ministry of Internal Affairs and Communications said on Friday - coming in at 328,969 yen.

That beat forecasts for a decline of 1.5 percent following the 2.9 percent drop in March.

On a seasonally adjusted monthly basis, household spending rose 1.6 percent - again exceeding expectations for a gain of 0.8 percent following the 1.3 percent drop in the previous month.

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Published by HT Digital Content Services with permission from RTT News....