FX.co ★ Japan’s Private Consumption Stalls, Holding at 0.3% in Q1 2026

Japan’s GDP private consumption growth remained unchanged in the first quarter of 2026, holding at 0.3% quarter-over-quarter, according to data updated on 7 June 2026. The figure matches the previous quarter’s 0.3% expansion in household spending.

The unchanged reading indicates that Japanese consumers have neither accelerated nor pulled back their spending pace compared with the prior quarter. On a quarter-over-quarter basis, the current figure reflects the same moderate growth profile as the earlier period, suggesting a steady but subdued contribution from private consumption to overall economic activity in early 2026.