Japan Household Spending Surges 13.0% On Year In April

(RTTNews) – The average of household spending in Japan was up 13.0 percent on year in April, the Ministry of Internal Affairs and Communications said on Friday – coming in at 310,043 yen.

That blew away forecasts for an increase of 9.3 percent following the 6.2 percent gain in March.

On a monthly basis, household spending rose 0.