Japan household spending grew less than expected in July - recap

Data is here:

• Japan Household spending for July -0.9% m/m (expected +1.1%)

Reuters have a bit of a recap up, noting that Household spending rose 0.7% year-on-year in July, after a revised 4.3% fall in June

• weaker than a median market forecast for a 2.9% gain in a Reuters poll
• The modest rise in July was partly due to a sharp contraction in the same month last year, when household spending slumped 7.6% year-on-year as consumers delayed spending on things such as travel and overnight stays due to the health crisis.
• The month-on-month figures showed a 0.9% contraction

Link here for a little more.