Household spending in Japan rises 1.2% year-on-year in February

Noticias del mercado

29 marzo 2016

Household spending in Japan rises 1.2% year-on-year in February

Japan's Ministry of Internal Affairs and Communications released its inflation data on late Monday evening. Household spending in Japan rose 1.2% year-on-year in February, beating expectations of a 1.5% decline, after a 3.1% drop in January.

The rise was mainly driven by increases in spending on education and medical care.

Spending on education soared 17.9% year-on-year in February, while spending on medical care climbed 13.1%.

Atlanta Fed cuts its GDP forecasts for the U.S.

U.S. pending home sales climb 3.5% in February

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