The average of household spending in Japan was up a seasonally adjusted 2.7 percent on month in January, the Ministry of Internal Affairs and Communications said on Friday - coming in at 301,646 yen.
That exceeded expectations for an increase of 1.4 percent following the 2.1 percent contraction in December.
On a yearly basis, household spending slipped 0.3 percent - missing forecasts for a drop of 0.1 percent following the 1.3 percent decline in the previous month.
The average of monthly income per household stood at 495,706 yen, down 1.7 percent on previous year.
The material has been provided by InstaForex Company - www.instaforex.com
source http://www.mt5.com/forex_news/quickview/2208524/
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