The average of household spending in Japan was up 2.9 percent on year in November, the Ministry of Internal Affairs and Communications said on Friday – coming in at 314,242 yen.
That beat forecasts for a decline of 1.0 percent following the 3.0 percent drop in October.
On a seasonally adjusted monthly basis, household spending jumped 6,2 percent – again topping expectations for a gain of 2.7 percent following the 3.5 percent contraction in the previous month.
The average of monthly income per household stood at 519,304 yen, down 2.2 percent on year.
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