According to survey results released by Japan's Ministry of Internal Affairs and Communications on the 4th, household consumption in Japan continued to weaken, and actual household consumption expenditure declined for the eighth consecutive month in July. Affected by rising prices in Japan, consumers are paying more attention to saving money. According to the data, the average monthly consumption expenditure of households with two or more people in Japan fell 3.6% year-on-year in the same month. Of the 10 major categories of consumer spending, 8 categories of expenditure declined year-on-year. Specifically, food expenses fell 1.3% in the same month, falling for 2 consecutive months; spending on water, electricity and gas fell 9.2%, falling for 5 consecutive months; and transportation and communication expenses fell 8.5% due to sluggish automobile sales.

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