HOUSEHOLD SPENDING IN JAPAN FELL BY 1.2 PERCENT IN JUNE

Highlights –

• Household spending in Japan fell by 1.2 percent in June.
• In a household of two or more people spending was reported to be $2,600 in the month.
• Japan’s consumption tax rate was raised from 8 percent to 10 percent.
• Furniture and household utensils rose a record 27.4 percent.

According to government data, Japan's household spending ....