4 April 2003, 09:19 Japan Feb Overall Household Spending Down 1.0% y/y
TOKYO, April 4 - Overall household spending in
Japan fell 1.0 percent in February from a year earlier in real
terms, the government said on Friday.
The average household spent 271,326 yen ($2,273) during the
month, the Ministry of Public Management, Home Affairs, Posts and
Telecommunications said.
In nominal terms, overall household spending was down 1.3
percent.
On a seasonally adjusted basis, spending fell a real 2.4
percent from January.
Data announced late last month showed that average spending
by wage earners' households, another key gauge of personal
consumption, fell a real 1.6 percent in February from a year
earlier.
The following table shows year-on-year percentage changes in
spending, in real and nominal terms, for January and February.///
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