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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