TOKYO (Reuters) – Japanese household spending rose 3.7 percent in September from a year earlier in price-adjusted real terms, government data showed on Tuesday, in a sign that consumer spending may have recovered from a slight dip.
The rise was more than economists’ median forecast for a 0.5 percent annual increase and followed a 1.6 percent decline in the year to August.
Spending in September rose 1.6 percent from the previous month in seasonally adjusted terms as households spent an average 280,692 yen ($2,900), the Ministry of Internal Affairs and Communications said on Tuesday.
Spending by wage earner households rose 0.9 percent in September from the same month a year earlier.
To view the full tables, go to the website of the Ministry of Internal Affairs and Communications at:
http://www.stat.go.jp/english/data/kakei/index.htm
($1 = 97.7100 Japanese yen)
(Reporting by Stanley White; Editing by Edmund Klamann)
