Japan household spending in August rises 5.1%

Household spending in Japan increased 5.1 percent in August from a year earlier, government data showed Friday.

Households with two or more people spent an average 289,974 yen ($2,000), the Ministry of Internal Affairs and Communications said.

The data is a key indicator of private consumption, which accounts for more than half of the country's gross domestic product.

© Kyodo News