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Household spending dropped again in 2016

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Internal Affairs Ministry officials say household spending in Japan in 2016 dropped 1.7 % in yen terms from the previous year. It marks the third-consecutive annual decline.The officials said on Friday that average monthly spending was about 2,520 dollars.They noted that car sales were sluggish and that social expenses fell.Families spent a greater portion of their money on food. The share of food-related bills in the average household's monthly budget surged to 25.8%. That's the highest in 29 years.

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nhk nhk world nhk world newsline newsline japan asia japan news asia news News Japan Asia World Biz Tech NHK Japan Broadcasting Corporation Public Broadcaster NHKWORLD NHK WORLD PREMIUM NHK WORLD TV Radio Japan
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