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February 16, 2010

Household spending on education actually increased in 2009

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Japan's average household spending fell by only 0.2% in 2009, and spending on education by households with two or more people actually increased by 0.5%. Average salaries declined by 1.5%, and average disposable income fell by 1.9%. These figures have been adjusted for inflation, so the increase in spending on education is a real increase.

According to iMarketNews.com: 'The drop in real spending by households with two or more people in 2009 was led by lower spending on food (-1.2%), utilities (-0.5%), clothing and footwear (-3.3%) and other consumption expenditures (-1.9%). Meanwhile, spending rose on home maintenance and repair (+0.8%), furniture and household utensils (+2.1%), medical care (+3.0%), transportation and communication including automobiles (+2.2%), education (+0.5%) and culture and recreation (+2.3%). Real spending on durable goods by households with two or more people in 2009 rose by an average 10.5% from a year earlier... Durable goods sales were boosted by tax breaks and subsidies for buying low emission vehicles.'

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