According to the Family Income and Expenditure Survey in December last year, the amount of money spent on consumption by households with two or more people decreased by 1.3% from the same month of the previous year in real terms, excluding price fluctuations.
The decrease seems to be due to the effects of successive price hikes of food products for the second consecutive month.
According to the Ministry of Internal Affairs and Communications, in a December survey last year, households with two or more people spent 328,114 yen per household.
In real terms, excluding price fluctuations, it decreased by 1.3% from the same month of the previous year, marking the second straight month of decline.
Looking at the breakdown, “food” decreased by 3.6%, marking the third consecutive month of decline.
Spending on seafood and alcoholic beverages is down, likely due to successive price hikes in food.
In addition, “housing” decreased by 13.8%.
This was due to a decrease in housing equipment repair costs and rent.
On the other hand, demand for energy-saving air conditioners increased due to rising electricity bills, leading to a 5.6% increase in furniture and household goods.
In addition, the monthly average amount spent by households with two or more people last year was 290,865 yen per household, up 1.2% from the previous year.
It was the second consecutive year of increase.
The Ministry of Internal Affairs and Communications said, ``Although the average consumption amount for the past year was positive, it has not recovered to the level before the spread of the new coronavirus infection. .