The average of household spending in Japan was up 1.2 percent on year in February, the Ministry of Internal Affairs and Communications said on Tuesday – standing at 269,774 yen.

That topped expectations for a decline of 1.9 percent following the 3.1 percent contraction in January.

The average of monthly income per household stood at 478,624 yen, down 2.4 percent on year.

The average of consumption expenditures per household was 297,662 yen, up an annual 1.8 percent.

The material has been provided by InstaForex Company – www.instaforex.com