Japan Household Spending Climbs 1.1% On Year In November

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The average of household spending in Japan was up 1.1 percent on year in November, the Ministry of Internal Affairs and Communications said on Friday – coming in at 278,718 yen.

That beat expectations for a decline of 1.5 percent following the 1.9 percent increase in October.

On a monthly basis, household spending sank 1.8 percent, missing expectations for a loss of 1.3 percent after gaining 2.1 percent in the previous month.

The average of monthly income per household stood at 473,294 yen, up 0.6 percent on year.

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

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