On October 7, 2025, the Statistics Bureau released Japan’s year-on-year household spending data for September. The actual figure was 2.3%, with no consensus forecast provided; the previous value was also 2.3%.Definition: Published by the Statistics Bureau of the Ministry of Internal Affairs and Communications, Japan's household spending YoY measures total inflation-adjusted expenditures by all households nationwide.Market Impact: A reading above the forecast is considered positive for the yen.This indicator is of high importance. It is calculated by tracking monthly changes in total household spending across Japan. Data is released monthly, with the next publication scheduled for the following month.

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