Japan Household Spending Jumps 2.3% In December

(RTTNews) - The average of household spending in Japan was up 2.3 percent on month in December, the Ministry of Internal Affairs and Communications said on Friday - standing at 352,633 yen.

That beat forecasts for a decline of 0.5 percent following the 0.4 percent increase in November.

On a yearly basis, household spending advanced 2.7 percent - again topping expectations for a gain of 0.5 percent after slipping 0.4 percent in the previous month.

The average of monthly income per household stood at 1,179,259 yen, up 2.9 percent on year.