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Japan Household Spending Down 6.9 Pct in Aug.

Japan Household Spending Down 6.9 Pct in Aug.

   Tokyo, Oct. 9 (Jiji Press)--Japanese household spending in August dropped 6.9 pct from a year earlier in price-adjusted real terms due to the continued impact of the coronavirus, government data showed Friday.
   Household consumption expenditures fell for the 11th straight month, though the pace of decline slowed from 7.6 pct marked in July, the internal affairs ministry said.
   People continued to avoid travel during the summer holiday season. "Although spending increased from July, the virus' impact lingers," a ministry official said.
   In July, consumption expenditures per household with at least two members totaled 276,360 yen.
   Expenditures on package tours tumbled 87.3 pct and those on accommodation dropped 47.1 pct. Spending on train fares fell 79.0 pct and that on airfares nose-dived 95.9 pct.

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AFP-JIJI PRESS NEWS JOURNAL


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