Real Consumption of Households for Japan
JPNRGDPCH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
292,079.40
Year-over-Year Change
3.16%
Date Range
1/1/1994 - 1/1/2025
Summary
The Real Consumption of Households for Japan measures the inflation-adjusted spending of Japanese households on goods and services. It is a key indicator of consumer demand and economic growth.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the real, or inflation-adjusted, value of personal consumption expenditures by Japanese households. It is a widely tracked metric that provides insight into the strength of domestic consumption, a major driver of Japan's economy.
Methodology
The data is collected and calculated by Japan's Cabinet Office using household surveys and national accounts.
Historical Context
Policymakers and analysts monitor this trend to assess the health of Japan's consumer sector and make informed decisions about economic policy.
Key Facts
- Japan is the world's third-largest economy.
- Household consumption accounts for over 50% of Japan's GDP.
- Real consumption growth is a key indicator of economic health.
FAQs
Q: What does this economic trend measure?
A: The Real Consumption of Households for Japan measures the inflation-adjusted spending of Japanese consumers on goods and services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the strength of domestic demand, a crucial driver of Japan's economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Japan's Cabinet Office using household surveys and national accounts.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the health of Japan's consumer sector and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical lag of 2-3 months.
Related Trends
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Citation
U.S. Federal Reserve, Real Consumption of Households for Japan (JPNRGDPCH), retrieved from FRED.