Japan Feb household spending falls 0.2 pct vs yr ago

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TOKYO, March 29 (Reuters) – Japanese household spending fell
0.2 percent in February from a year earlier in price-adjusted
real terms, compared with the median market forecast of a flat
reading.

It was the fifth straight month of declines and this month’s
deadly earthquake and tsunami could weigh further on consumption
in the coming months.

Spending declined 0.2 percent in February from the previous
month in seasonally adjusted terms as households spent an
average 260,793 yen ($3,191), the Ministry of Internal Affairs
and Communications said on Tuesday.

Spending by wage earner households fell 0.7 percent in
February from the same month a year earlier.
($1 = 81.705 Japanese Yen)

(Reporting by Kaori Kaneko; Editing by Edmund Klamann)

Japan Feb household spending falls 0.2 pct vs yr ago