RTTNews - Average household spending in Japan was up 0.3 percent on year in May, the Ministry of Health, Labor and Welfare said on Tuesday, versus expectations for a 1.5 percent decline following the 1.3 percent annual contraction in April.

Wage-earner household spending jumped 1.8 percent on year, the data showed, after gaining an annual 0.4 percent in April.

The propensity to consume, which measures the amount of disposable income spent, came in at 93.1 percent after checking in at 89.1 percent in the previous month.

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