by Tue, 29 Jun 2010 01:47:00 +0200
Japan: Overall Household Spending falls 0.7% in May
FXstreet.com (Córdoba) - The Overall Household Spending stood decreased by 0.7% over the year to May for second consecutive month. This decrease is worse than expected as forecast was around a rise of 0.3%.
"The average of monthly consumption expenditures per household for May 2010 was 280,714 yen, down 1.7% in nominal terms and down 0.7% in real terms from the previous year", Japan Statistics Bureau said.
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