Average monthly household spending in February dropped 0.5% from a year ago in price-adjusted real terms to 261,163 yen, marking the first year-on-year decline in seven months, according to the government.
The preliminary data on spending by households of two people or more were released by the Internal Affairs and Communications Ministry on Tuesday.
The ministry attributed the fall in household spending to a lower spending on car purchase, saying that statistics on car purchase tend to volatile.
The ministry therefore believes that the recovery trend in household spending remains unchanged.
On the other hand, the average monthly income of salaried households increased 1.3 percent from a year ago to 464,866 yen in February, marking the first increase in seven months.
The increase is believed to result from the improved employment rates among women and delayed payment of winter bonuses by some small and midsize companies that were unable to pay the bonus at the end of last year.
http://www.yomiuri.co.jp/dy/business/T100330006235.htm
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