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Japan Household Spending Up 3.5 Pct in June

Japan Household Spending Up 3.5 Pct in June

   Tokyo, Aug. 5 (Jiji Press)--Household spending in Japan in June rose 3.5 pct from a year before in price-adjusted real terms, government data showed Friday.
   The spending went up for the first time in four months, thanks to a recovery in demand for travel and dining out after a drop caused by the spread of the novel coronavirus.
   Consumption spending by households comprising two or more members averaged 276,885 yen, the Ministry of Internal Affairs and Communications said.
   Spending on accommodation and on domestic package tours surged 167 pct and 82.6 pct, respectively. Transportation- and telecommunications-related spending went up 11.5 pct, the first rise in three months, reflecting increases in expenditures on railway and airline tickets.
   With more people spending time outside their homes, spending on dining out increased 28.4 pct. Of such expenditures, those on alcohol skyrocketed 313.8 pct.

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AFP-JIJI PRESS NEWS JOURNAL


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