Mumbai, May 9 -- The average of household spending in Japan was up 2.1 percent on year in March, the Ministry of Internal Affairs and Communications said on Friday - coming in at 290,511 yen.
The average of monthly income per household stood at 571,993 yen, down 2.3 percent in real terms from the previous year.
On a seasonally adjusted monthly basis, household spending rose 0.4 percent - again beating forecasts for a decline of 0.5 percent following the 3.5 percent jump in February.
Published by HT Digital Content Services with permission from Capital Market....