More activity: Customers are seen buying food at a Takeya Co store in Tokyo. Spending advanced 4.1% in March from February. —Bloomberg
TOKYO: Japan’s household spending climbed for the first time in three months in March as virus restrictions were lifted across the nation, offering some support for private consumption at the end of a bruising quarter for the economy.
Outlays advanced 4.1% from February, led by spending on transport, communications and clothing, the ministry of internal affairs reported yesterday. Spending was still down from a year earlier, but not by as much as expected.
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