The average of household spending in Japan was up a seasonally adjusted 0.6 percent on month in August, the Ministry of Internal Affairs and Communications said on Tuesday – coming in at 313,977 yen.
That beat expectations for an increase of 0.1 percent following the 1.7 percent jump in July.
On a yearly basis, household spending climbed 2.3 percent – again topping forecasts for a gain of 1.4 percent – which would have been unchanged from the previous month.
The average of monthly income per household stood at 608,578 yen, up 2.8 percent from the previous year.
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