The average of household spending in Japan surged 2.9 percent on year in August, the Ministry of Internal Affairs and Communications said on Friday – coming in at 291,156 yen.
That topped forecasts for an increase of 0.3 percent following the 0.2 percent annual contraction in July.
The average of monthly income per household stood at 475,369 yen, up 2.2 percent on year, while the average of consumption expenditures per household was 317,195 yen, up 3.4 percent on year.
The material has been provided by InstaForex Company – www.instaforex.com