Economic Buzz: Japan household spending climbs 0.6% on month in August

The average of household spending in Japan was up a seasonally adjusted 0.6 percent on month in August, the Ministry of Internal Affairs and Communications said on Tuesday - coming in at 313,977 yen.

On a yearly basis, household spending climbed 2.3 percent - again topping forecasts for a gain of 1.4 percent - which would have been unchanged from the previous month.

The average of monthly income per household stood at 608,578 yen, up 2.8 percent from the previous year.

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