Japan Consumption Activity Index (BOJ)
Bank of Japan Consumption Activity Index: real and nominal household consumption compiled from supply- and demand-side statistics, with durable goods, non-durable goods and services components, and versions adjusted for the travel balance (inbound tourist spending removed, outbound added).
| Indicator | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | 09-2025 | 08-2025 | 07-2025 | 06-2025 | 05-2025 | 04-2025 | 03-2025 | 02-2025 | 01-2025 | 12-2024 | 11-2024 | 10-2024 | 09-2024 | 08-2024 | 07-2024 | 06-2024 | 05-2024 | 04-2024 | 03-2024 | 02-2024 | 01-2024 | 12-2023 | 11-2023 | 10-2023 | 09-2023 | 08-2023 | 07-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Real Consumption Activity Index3 | 108.73 | 108.25 | 110.12 | 108.93 | 107.71 | 108.97 | 108.56 | 107.81 | 107.98 | 107.63 | 107.38 | 106.98 | 106.97 | 107.04 | 106.88 | 107.39 | 106.58 | 106.99 | 107 | 106.12 | 106.32 | 106.45 | 106.27 | 107.08 | 107.36 | 106.47 | 106.03 | 106.08 | 105.61 | 106.13 | 105.06 | 106.03 | 106.1 | 106.08 | 106.94 | 106.6 | 106.03 | |
| Real durable goods index | 114.21 | 114.47 | 121.15 | 119.5 | 106.5 | 107.48 | 110.6 | 111.9 | 110.84 | 111.56 | 111.06 | 108.85 | 107.69 | 110.4 | 108.85 | 109.75 | 108.8 | 111.04 | 107.72 | 108.55 | 109.16 | 109.08 | 107.35 | 107.73 | 110.13 | 107.11 | 105.16 | 103.71 | 101.05 | 98.93 | 100.19 | 111.01 | 113.43 | 109.98 | 109.9 | 110.46 | 107.6 | |
| Real non-durable goods index | 94.64 | 94.55 | 96.97 | 95.87 | 95.24 | 97.66 | 96.66 | 95.18 | 95.99 | 95.34 | 95.23 | 94.9 | 96 | 96.46 | 95.9 | 97.15 | 97.16 | 96.94 | 97.84 | 97.24 | 97.09 | 97.36 | 97.78 | 99.36 | 99.15 | 98.9 | 98.71 | 98.66 | 99.04 | 99.11 | 97.71 | 97.87 | 98.52 | 98.75 | 99.65 | 98.96 | 99.11 | |
| Real services index | 121.08 | 120.12 | 120.67 | 119.49 | 119.7 | 119.95 | 119.49 | 119.06 | 118.84 | 118.58 | 118.26 | 118.1 | 117.26 | 116.53 | 116.97 | 116.73 | 115.2 | 115.88 | 115.63 | 114.19 | 114.66 | 114.69 | 114.22 | 114.4 | 114.77 | 113.66 | 113.24 | 113.62 | 112.75 | 114.13 | 112.96 | 113.03 | 112.15 | 112.5 | 113.47 | 113.32 | 112.47 | |
| Nominal Consumption Activity Index | 128.02 | 126.88 | 128.71 | 126.81 | 125.34 | 126.38 | 126.03 | 124.57 | 124.81 | 124.1 | 123.62 | 123.05 | 123 | 122.87 | 122.34 | 122.71 | 121.53 | 121.84 | 121.79 | 119.93 | 119.18 | 118.83 | 118.53 | 119.46 | 119.3 | 118.03 | 117.16 | 116.8 | 116.42 | 116.54 | 115.13 | 115.95 | 115.77 | 116.01 | 116.31 | 115.86 | 115.11 | |
| Real Consumption Activity Index (travel balance adjusted) | 106.73 | 106.47 | 108.1 | 106.98 | 105.36 | 106.47 | 106.38 | 105.51 | 105.62 | 105.07 | 105.2 | 104.88 | 105.03 | 104.77 | 104.31 | 104.56 | 104.1 | 104.45 | 104.15 | 103.56 | 103.86 | 104.07 | 103.97 | 104.86 | 105.01 | 103.94 | 103.64 | 103.77 | 103.5 | 104.03 | 103.38 | 104.2 | 104.47 | 104.53 | 105.54 | 105.37 | 104.77 | |
| Nominal Consumption Activity Index (travel balance adjusted) | 125.78 | 124.92 | 126.49 | 124.66 | 122.73 | 123.6 | 123.62 | 122.03 | 122.21 | 121.28 | 121.22 | 120.75 | 120.88 | 120.38 | 119.51 | 119.6 | 118.82 | 119.07 | 118.66 | 117.17 | 116.54 | 116.29 | 116.09 | 117.11 | 116.81 | 115.34 | 114.63 | 114.37 | 114.21 | 114.36 | 113.4 | 114.07 | 114.1 | 114.42 | 114.9 | 114.63 | 113.84 |
Latest reading
Real Consumption Activity Index stood at 108.73 in Jul 2026. That is +0.4% from Jun 2026 and +1.6% from a year earlier. The series on this page is monthly and runs from Jan 2003 to Jul 2026.
- Latest
- 108.73
- Jul 2026
- vs previous period
- +0.4%
- Jun 2026
- vs a year earlier
- +1.6%
About this data
Bank of Japan Consumption Activity Index: real and nominal household consumption compiled from supply- and demand-side statistics, with durable goods, non-durable goods and services components, and versions adjusted for the travel balance (inbound tourist spending removed, outbound added). Seasonally adjusted, 2020=100, monthly from January 2003.