Arab Today, arab today japan\s household spending rises in 2013 but tax hike likely to weigh
Last Updated : GMT 13:30:06
Arab Today, arab today
Arab Today, arab today

Japan\'s household spending rises in 2013, but tax hike likely to weigh

Arab Today, arab today

Arab Today, arab today Japan\'s household spending rises in 2013, but tax hike likely to weigh

Tokyo - XINHUA

Average spending by Japanese households in 2013 rose 1.1 percent in real terms to 251,576 yen on a price adjusted basis, marking the second consecutive year of increase, the Internal Affairs and Communications Ministry said in a report Tuesday. The ministry said that increasing consumer demand, ahead of April's sales tax hike from 5 to 8 percent, helped spending rise by 2 percent from levels logged in 2012, but noted that the rise in consumption tax may dampen sentiment. The government report showed spending on food and entertainment rose in the recording period, despite a 0.3 percent drop in average monthly incomes. On a quarterly basis, household spending edged up a moderate 0. 5 percent in the last quarter from the quarter before, the ministry said, with the reading coming in below median economists' forecasts for a 0.7 percent increase on rising food and fuel prices and static salaries going into the latter half of 2013. Government officials said that the tax hike in April will likely impact household spending, with economists adding that a state push for companies to boost regular salaries has yet to come to fruition and as such consumption is expected to diminish in the coming months. Household spending is widely regarded as a key indicator for private consumption and the consumer confidence index for December coming in at 41.3, below the "boom-or-bust" 50 level, shows that more consumers feel"pessimistic"than "optimistic"about the months ahead. The government's consumer confidence index is based on a five- point scale that measures how consumers see their living conditions, as well as three other categories, improving, declining or remaining roughly the same over the coming six months.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan\s household spending rises in 2013 but tax hike likely to weigh Arab Today, arab today japan\s household spending rises in 2013 but tax hike likely to weigh

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan\s household spending rises in 2013 but tax hike likely to weigh Arab Today, arab today japan\s household spending rises in 2013 but tax hike likely to weigh

 



Arab Today, arab today
Arab Today, arab today Arab tradition glitters in Colombia

GMT 12:59 2017 Thursday ,19 October

Arab tradition glitters in Colombia
Arab Today, arab today Second US judge orders freeze

GMT 08:04 2017 Thursday ,19 October

Second US judge orders freeze
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Writing's on the wall for Trump, Zuckerberg

GMT 09:05 2017 Thursday ,19 October

Writing's on the wall for Trump, Zuckerberg
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Hussein Fahmy happy for honoring in festival

GMT 07:47 2017 Tuesday ,17 October

Hussein Fahmy happy for honoring in festival
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 18:29 2017 Sunday ,03 September

Designer produced new set of ornaments

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 23:42 2017 Monday ,16 October

Better Marriages Make

GMT 06:52 2017 Monday ,16 October

Airbus CEO says won't cling to job

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 19:29 2017 Tuesday ,29 August

Yomna: decoration leaved positive effects
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday