Survey: Family Savings Up 14.9% in Japan
Associated Press
TOKYO —
The average Japanese household in a recent survey had $82,000 in savings at the end of last year, up 14.9% from a year earlier, a government report published Wednesday said.
It was the biggest annual increase in savings since 1979, when average savings rose 15.5% from 1978, said Namiko Mizutani, a statistician at the Management and Coordination Agency, which conducted the survey.
Mizutani said the increase resulted largely from an increase in stock prices last year.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
