Consumer spending in February fell 0.3% year-on-year for the fifth consecutive month

Consumption expenditures in February Decreased by 0.3% from the same month of the previous year Decreased for 5 consecutive months April 8:47

According to a "Household Survey" showing trends in personal consumption, households spending less than 0.3% in February spent less than the same month in the previous year. This is the fifth consecutive month of decrease since October last year.