Consumer spending in Japan rose 0.3% quarter-on-quarter to JPY 309,849 billion in Q1 2026, surpassing expectations of 0.2%, after remaining flat in the previous quarter. Consumer Spending in Japan averaged 291698.91 JPY Billion from 1994 until 2026, reaching an all time high of 318130.80 JPY Billion in the first quarter of 2014 and a record low of 252336.70 JPY Billion in the first quarter of 1994. source: Cabinet Office, Japan

Consumer Spending in Japan increased to 309848.70 JPY Billion in the first quarter of 2026 from 309023.60 JPY Billion in the fourth quarter of 2025.

Consumer Spending in Japan increased to 309848.70 JPY Billion in the first quarter of 2026 from 309023.60 JPY Billion in the fourth quarter of 2025. Consumer Spending in Japan is expected to be 305766.00 JPY Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Consumer Spending is projected to trend around 314921.00 JPY Billion in 2027 and 319330.00 JPY Billion in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-09 11:50 PM
GDP Private Consumption QoQ Final
Q4 0.3% 0.2% 0.1% 0.1%
2026-05-18 11:50 PM
GDP Private Consumption QoQ Prel
Q1 0.3% 0% 0.2% 0.4%


Related Last Previous Unit Reference
Bank Lending Rate 3.00 2.80 percent Apr 2026
Consumer Confidence 32.20 33.30 points Apr 2026
Consumer Credit 58802.70 57221.70 JPY Billion Dec 2025
GDP Private Consumption 309848.70 309023.60 JPY Billion Mar 2026
Disposable Personal Income 453.45 490.52 JPY Thousand Mar 2026
Gasoline Prices 1.06 1.07 USD/Liter Apr 2026
Household Spending YoY -2.90 -1.80 percent Mar 2026
Household Spending MoM -1.30 1.50 percent Mar 2026
Households Debt to GDP 61.10 61.30 percent of GDP Sep 2025
Personal Savings 3.90 0.00 percent Dec 2025
Retail Sales MoM 1.30 -2.00 percent Mar 2026
Retail Sales YoY 1.70 -0.10 percent Mar 2026


Japan Consumer Spending
In Japan, final consumption expenditure of households takes into consideration the supply-side estimates as well as the demand-side estimates derived from "Family Income and Expenditure Survey" etc. The final consumption expenditure of households represents the weighed average of demand-side and supply-side estimates.
Actual Previous Highest Lowest Dates Unit Frequency
309848.70 309023.60 318130.80 252336.70 1994 - 2026 JPY Billion Quarterly
Constant Prices 2020, SA