Japan Oct household spending rises 1.2% year/year

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TOKYO : Japanese household spending rose 1.2 per cent in October from a year earlier, government data showed on Tuesday, compared with a median market forecast for a 1.0 per cent increase.To view the data on the website of the Ministry of Internal Affairs and Communications, click here:

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Not saying the Jap Gov lies about inflation numbers & even household spending numbers. Everbody as in near or all nation states lies about it. If household spending did not rise significantly then it means Japanese households have dial back very signifiicantly on living stds 2/2

Methinks misleading as in the Japanese gov is making it up as it goes along. The Yen has fallen approx somewhat north of 20% by Oct 2022 compared with last year. I know Japan not big in imports, but pretty sure overall household spending has gone up. Especially in energy cost.1/2

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