Household spending has decreased for the eighth month in a row. The drop in July was 3.6 percent compared to the same month last year. This decline is reported in real terms, meaning it accounts for inflation.

Further details about the decrease in household spending are available from the source. The information provided does not specify the exact causes of the decline, only that it is partly due to certain factors.

The source reports the decrease as a continuation of a trend, with July marking the eighth consecutive monthly drop in household spending.