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Office workers cross the street at lunch time near Tokyo Station on Oct. 20, 2022.

Asia-Pacific markets mostly fell on Friday as investors brace for a crucial jobs report from the U.S. and digested household spending data from Japan.

Japan's household spending data for July rose 0.1% in real terms from the previous year, compared to a 1.2% rise expected from economists polled by Reuters, and a reversal compared to a 1.4% fall in June.

Data from the country's statistics bureau said the average household monthly expenditure for July 2024 was 290,931 yen ($2,031.35), up 3.3% in nominal terms from the previous year.

Average household monthly income came in at 694,483 yen in July, 8.9% higher in nominal terms and up 5.5% in real terms from the previous year.

The weak spending report could constrain the Bank of Japan's options to raise rates, although this may be offset by the strong wage growth numbers from Thursday.

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