Silviase/jgov_v1.4_full_ann huggingface dataset:
consumption. On the other hand, if a household anticipates that deflation will continue in the future, it may deter the purchase of durable goods, which dampens current consumption. Moreover, if a household combines deflationary expectations with a pessimistic view of the economy, deflationary expectations might discourage current consumptions. $ ^{16} $ Thus, only empirical studies can clarify the direction in which price expectations affect household consumption.

In addition to the evaluation of the effect of deflationary expectations on consumption, we consider what types of goods are most affected by price expectations. We also examine the differences in the effects for households with and without any debt to address the possibility that deflationary expectations raise the real debt burden that discourages consumption. In what follows, we estimate consumption functions with the following specifications to examine the effect of price expectations on household consumption.

$$ \mathbf{C}_{\mathrm{it}}=\boldsymbol{\alpha}_{0}+\boldsymbol{\alpha}_{1}*Y^{e}_{i,t+1}+\boldsymbol{\alpha}_{2}*Y_{i,t}+\boldsymbol{\alpha}_{3}*\mathbf{P}^{e}_{i,t+1}+\boldsymbol{\alpha}_{4}*D_{it}+\boldsymbol{\alpha}_{5}*Risk_{it}+\boldsymbol{\alpha}_{6}*X_{it}+\boldsymbol{\alpha}_{7}*Time+\boldsymbol{\varepsilon}_{i,t} $$

and

$$ \begin{array}{r}{\boldsymbol{C}_{\mathrm{i t}+1}^{\mathrm{e}}=\boldsymbol{\alpha}_{0}+\boldsymbol{\alpha}_{1}*\boldsymbol{Y}_{i,t+1}^{e}+\boldsymbol{\alpha}_{2}*\boldsymbol{Y}_{i,t}+\boldsymbol{\alpha}_{3}*\boldsymbol{\mathrm{P}}_{i,t+1}^{e}+\boldsymbol{\alpha}_{4}*\boldsymbol{D}_{i t}+\boldsymbol{\alpha}_{5}*R i s k_{i t}+\boldsymbol{\alpha}_{6}*\boldsymbol{X}_{i t}+\boldsymbol{\alpha}_{7}*T i m e+\boldsymbol{\varepsilon}_{i,t+1}.}\end{array} $$

The dependent variables are consumption over the past year $ (C_{it}) $ or expected consumption over the next year $ (C_{it+1}^{e}) $ , respectively. The explanatory variables include current income, or income over the past year $ (Y_{it}) $ , income expectations, or expected income over the next year $ (Y_{it+1}^{e}) $ , and price expectations over the next year $ (P_{it+1}^{e}) $ . In addition, there are the debt-repayment ratio to income or a dummy for a household with any debt $ (D_{it}) $ and risk perceptions dummies $ (Risk_{it}) $ of unemployment and of unsound social pension system, respectively. $ X_{it} $ consists of a variety of dummy variables to control for a household's demographics such as change in family size, change in the number of workers in a household, change in tenancy status (renter to owner or vice versa), a squared age of head of household, and the logarithm of head of household annual income. The
regression model also includes time dummies for each period from the second quarter of 2001 to the second quarter of 2003.

Table 6 reports the estimation results. First, if we use current consumption, or consumption over the past year, as our dependent variable, the coefficients on current income and on income expectations over the next year are both positive and statistically significant. The estimated size of the coefficient is larger for the current income term. The coefficients on price expectations are also positive and significant. In other words, deflationary expectations discourage consumption.

What we find in our current consumption regressions generally holds even when we use the consumption prospects, or consumption over the next year, as our dependent variable, that is, the coefficients on current consumption and income expectations remain positive and significant. What is more interesting are the coefficients on the interaction term between price expectations and the debt-payment dummy. Large and significantly positive coefficients on the interaction term imply that price expectations affect future consumption for those who are in debt. In other words, deflationary expectations dampen future consumption by raising the debt burden.

We next examine the types of goods that are most likely affected by price expectations. Here, we use the following Monitor survey questions and focus on durable consumption:

“Do you plan to purchase more durables over the next year relative to the past year? Please select from the following choices:

(1) plan to buy more

(2) remain the same

(3) plan to buy less

(4) uncertain.”

By allocating one for the choice (1), zero for the choice (2), and minus one for the choice (3), we set up a sort of dummy variable to be used as a dependent variable in ordered probit estimations.

As explanatory variables, we follow the specification of regression (2) above. The regression results are reported on the left hand side of Table 7. The coefficient estimates of the probit regression basically replicate the simple OLS regressions in Table 6. The coefficients on
current income and expected income are positive and significant. Concern for the risk of unemployment clearly discourages durables goods purchase. Price expectations stimulate respondents to buy more durable goods, or in other words, deflationary expectations discourage household consumption of durables by delaying the timing of purchase.

### 7. CONCLUSION

This paper uses an original and rich quarterly household-level dataset from “Kokumin Seikatsu Monitors” to estimate average price expectations, examine the factors that affect price expectations, and consider how changes in price expectations affected household consumption.

Our empirical estimates indicate that average price expectations ranged from minus 0.2 to zero percent in 2001 and 2002, increased to 1 percent in the first quarter of 2003, declined to 0.2 percent in the second quarter, and showed a steady increase toward 0.8 percent by the first quarter of 2004. Price expectations depend on current price movements and lagged expectations. A series of quantitative easing monetary policies were not very effective to in changing the price expectations, since the policy announcements caused revision of price expectations only for a small proportion, 5-10%, of people surveyed. The increase observed in the first quarter of 2003 was a reaction to the outbreak of the Iraq war. Our study also confirms that deflationary expectations discourage household consumption, mainly durable consumption, by delaying the timing of purchase.

The findings of this paper thus suggest that deflationary expectations have to be revised upward to stimulate household consumption. However, the series of quantitative easing measures were not very effective in changing price expectations. The policy authorities need accordingly to implement policies to change expectations in a more aggressive and understandable way for general public for there to be any significant effect on household behavior.
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Roberts, J. M. (1998), ‘Inflation Expectations and the Transmission of Monetary Policy,’ Federal Reserve Board FEDS working paper No. 1998-43.

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Figure 1. Price Movements, 1980-2003

Source: GDP deflator: Cabinet Office 'National Accounts.' CPI: Ministry of Internal Affairs and Communications 'Consumer Price Index.'
Figure 2. Current Price and Price Expectations (Average, All Sample)

The Kokumin Seikatsu Monitors. Author's calculation. The source of CPI data is Ministry of Internal Affairs and Communications 'Consumer Price Index.'
Figure 3. Current Price and Price Expectations (Average, Full-Cover Sample Only)

Source: The Kokumin Seikatsu Monitors. Author's calculation
Figure 4: Income and Consumption (Actual and Expectations; Average, All Sample)

Source: The Kokumin Seikatsu Monitors. Author's calculation
Figure 5. Knowledge and Reaction to the Easy Monetary Policy Announcement (March 2002 Survey)

(1) Do you know about the BOJ's “Quantitative Monetary Easing”

that was introduced on March 19, 2001? (June 2001 Survey)

(2) Did you revise your price expectations in response to the "Quantitative Monetary Easing"? (June 2001 Survey)

(3) Reason why the people surveyed did not react to the "Quantitative Monetary Easing" Announcements. (March 2002 Survey)

Source: The Kokumin Seikatsu Monitors. Author's calculation.
Figure 6. Reaction of Price Expectations to News (September 11th Terrorism and Iraq War)

(1) Did you revise your price expectations in response to the September 11th Terrorism? (December 2001 Survey)

(2) Did you revise your price expectations in response to the Iraq War? (March 2003 Survey)
Table 1: Basic Characteristics of the Monitors (Persons Surveyed) and Household Heads

Obs	Mean	Std. Dev.	Min	Max
Age of the Person Surveyed	27,520	48.41	12.87	20	80
Sex of the Person Surveyed (Male=1)	27,468	0.11	0.31	0	1
Age of Household Head	27,432	51.13	12.87	20	93
Sex of Household Head (Male=1)	27,432	0.90	0.30	0	1
Annual Income of Household Head (10 thousand yen)	27,376	546.48	327.81	50	2,500
Number of Family Members	27,488	3.50	1.36	1	6
Distribution of Family Type
Single Household Dummy	27,456	0.03	0.18	0	1
Married Couple (without Children) Household Dummy	27,456	0.23	0.42	0	1
Two Generation Household Dummy	27,456	0.55	0.50	0	1
Three Generation Household Dummy	27,456	0.16	0.37	0	1
Other Household Dummy	27,456	0.03	0.16	0	1
Distribution of Residence Type
Own House Dummy	27,508	0.83	0.38	0	1
Rental House Dummy	27,508	0.12	0.33	0	1
Company House Dummy	27,508	0.03	0.18	0	1
Other House Dummy	27,508	0.01	0.12	0	1

(Note) This table is based on the sample from the second quarter of 2001 to the first quarter of 2004.
Table 3-1 Determinants of Price Expectations (Knowledge Dummy)

Dependent Variable:Price Change Expectations (t)	Cross-Section Regressions	Panel Regressions
<1>	<2>	<3>	<4>	<5>	<6>
Current Price Change (t)	0.379 ***	0.291 ***	0.177 ***	0.382 ***	0.317 ***	0.314 ***
[ 0.039 ]	[ 0.021 ]	[ 0.025 ]	[ 0.024 ]	[ 0.008 ]	[ 0.008 ]
Lagged Price Change Expectation (t-1)	0.111 **	0.249 ***	0.341 ***	0.157 ***	0.228 ***	0.230 ***
[ 0.054 ]	[ 0.028 ]	[ 0.036 ]	[ 0.030 ]	[ 0.011 ]	[ 0.011 ]
Current Income Change (t)	0.016	0.010	-0.005	0.035 ***	0.007 *	0.007 *
[ 0.017 ]	[ 0.011 ]	[ 0.012 ]	[ 0.012 ]	[ 0.004 ]	[ 0.004 ]
Dummy Variable (Know=1)
Quantitative Easing (Mar., 2001)	0.386	0.159	0.135
[ 0.329 ]	[ 0.136 ]	[ 0.139 ]
Quantitative Easing (Aug., 2001)	0.085	-0.100	-0.105
[ 0.175 ]	[ 0.153 ]	[ 0.161 ]
Quantitative Easing (Sep., 2001)	-0.176	0.161	0.082
[ 0.224 ]	[ 0.127 ]	[ 0.144 ]
Quantitative Easing (Dec., 2001)	0.081	-0.092	0.090
[ 0.217 ]	[ 0.101 ]	[ 0.108 ]
Macro Factors
Oil Price Change	0.006 ***
[ 0.002 ]
Composite Index	0.000
[ 0.008 ]
Time Dummies	no	no	no	no	no	yes
Number of obs	201	873	799	788	6699	6699
Adj R-squared	0.3534	0.2748	0.1893	0.2926	0.2643	0.2703
Root MSE	2.3034	2.5641	3.1416	2.9255	2.5399	2.5295
Estimation Periods	Jun-01	Sep-01	Dec-01	Mar-02	From 2001.2Q	From 2001.2Q
To 2004.1Q	To 2004.1Q
Table 4-1 Estimates of Consumption Functions

Current Consumption (t)	Expected Consumption (t+1)
OLS	random effects	fixed effects	OLS	random effects	fixed effects
Current Consumption	0.449***	0.447***	0.398***	0.398***	0.314***	0.315***
Current Income	0.206***	0.206***	0.185***	0.185***	0.185***	0.185***	(0.012)	(0.011)	(0.012)	(0.012)	(0.015)	(0.015)
(0.014)	(0.014)	(0.014)	(0.014)	(0.018)	(0.018)	-0.002	-0.002	-0.003	-0.003	0.001	0.001
Income Expectation	0.033**	0.033**	0.033**	0.033**	0.005	0.005	(0.013)	(0.013)	(0.013)	(0.013)	(0.016)	(0.016)
(0.016)	(0.016)	(0.016)	(0.016)	(0.020)	(0.020)	0.151***	0.152***	0.158***	0.159***	0.154***	0.154***
Current Price change	0.112***	0.110***	0.074**	0.074**	0.047	0.047	-0.024	-0.029	-0.043	-0.045*	-0.082**	-0.082**
(0.029)	(0.029)	(0.029)	(0.029)	(0.037)	(0.037)	(0.026)	(0.026)	(0.026)	(0.026)	(0.033)	(0.033)
Price Expectation (X)	0.137***	0.090**	0.099**	0.093**	0.061	0.111**	0.127***	0.037	0.131***	0.046	0.122***	0.043
(0.037)	(0.044)	(0.038)	(0.043)	(0.047)	(0.054)	(0.033)	(0.039)	(0.034)	(0.039)	(0.043)	(0.049)
(X) * (Y)	0.146**	0.019	-0.155*	0.272***	0.261***	0.233***
(0.069)	(0.068)	(0.081)	(0.061)	(0.061)	(0.073)
Debt Repayment dummy (Y)	0.215	0.187	-0.0003	-0.003	-0.121	-0.090	0.138	0.091	-0.010	-0.053	0.077	-1.194***
(0.238)	(0.239)	(0.242)	(0.243)	(0.308)	(0.308)	(0.212)	(0.212)	(0.218)	(0.218)	(0.282)	(0.355)
Risk to be unemployed	-0.588**	-0.593**	-0.359	-0.360	0.552	0.550	-0.711***	-0.725***	-0.872***	-0.879***	-1.201**	-0.294
(0.255)	(0.254)	(0.273)	(0.273)	(0.389)	(0.389)	(0.227)	(0.227)	(0.244)	(0.244)	(0.355)	(0.328)
Concerns about social sec. & pens	-0.084	-0.076	-0.132	-0.130	-0.204	-0.203	-0.102	-0.081	-0.243	-0.225	-0.298	0.346
(0.261)	(0.260)	(0.268)	(0.268)	(0.358)	(0.357)	(0.233)	(0.233)	(0.242)	(0.241)	(0.329)	(0.410)
Change in Family Members	0.850**	0.848**	0.744*	0.744*	0.690	0.685	-0.011	-0.008	0.003	0.010	0.335	2.281*
(0.419)	(0.419)	(0.392)	(0.392)	(0.452)	(0.452)	(0.370)	(0.370)	(0.352)	(0.351)	(0.411)	(1.319)
Purchase of residence	3.882***	3.839***	3.459***	3.453***	2.924**	2.978**	1.841	1.782	2.079*	1.990*	2.402*	0.002
(1.318)	(1.318)	(1.213)	(1.214)	(1.360)	(1.360)	(1.262)	(1.260)	(1.182)	(1.180)	(1.320)	(0.498)
Head of Household Income	0.394**	0.389**	0.409***	0.409*	0.493	0.477	-0.212	-0.223	-0.059	-0.066	-0.001	0.315
(0.184)	(0.184)	(0.220)	(0.220)	(0.549)	(0.549)	(0.163)	(0.163)	(0.192)	(0.192)	(0.498)	(0.309)
Head of Household Age	0.032	0.032	0.023	0.023	-0.472	-0.461	0.011	0.011	0.022	0.022	0.333	-0.003
(0.069)	(0.069)	(0.086)	(0.086)	(0.349)	(0.349)	(0.061)	(0.061)	(0.075)	(0.075)	(0.309)	(0.003)
Head of Household Age	-0.001	-0.001	-0.001	-0.001	0.005	0.004	-0.001	-0.001	-0.001	-0.001	-0.003
(Squared)	(0.001)	(0.001)	(0.001)	(0.001)	(0.003)	(0.003)	(0.001)	(0.001)	(0.001)	(0.001)	(0.003)
Adj R-squared	0.0792	0.083	0.0492	0.0501	0.2911	0.2968	0.1630	0.1655
Root MSE	8.0421	8.0398	6.8937	6.8819
Number of obs.	5922	5922	5922	5922	5922	5922	5479	5479	5479	5479	5479	5479
Wald chi2	391.67	392.07	1767.32	1790.45

(Note) All regressions include time dummies for each period, whose results are omitted.
Current Consumption (t)
OLS	random effects	fixed effects
Current Consumption
Current Income	0.206*** (0.014)	0.206*** (0.014)	0.185*** (0.014)	0.185*** (0.014)	0.185*** (0.018)	0.185*** (0.018)
Income Expectation	0.033** (0.016)	0.033** (0.016)	0.033** (0.016)	0.033** (0.016)	0.005 (0.020)	0.005 (0.020)
Current Price change	0.112*** (0.029)	0.110*** (0.029)	0.074** (0.029)	0.074** (0.029)	0.047 (0.037)	0.047 (0.037)
Price Expectation (X)	0.137*** (0.037)	0.090** (0.044)	0.099** (0.038)	0.093** (0.043)	0.061 (0.047)	0.111** (0.054)
(X) * (Y)	0.146** (0.069)	0.019 (0.068)	-0.155* (0.081)
Debt Repayment dummy (Y)	0.215 (0.238)	0.187 (0.239)	-0.0003 (0.242)	-0.003 (0.243)	-0.121 (0.308)	-0.090 (0.308)
Risk to be unemployed	-0.588** (0.255)	-0.593** (0.254)	-0.359 (0.273)	-0.360 (0.273)	0.552 (0.389)	0.550 (0.389)
Concerns about social sec. & pens	-0.084 (0.261)	-0.076 (0.260)	-0.132 (0.268)	-0.130 (0.268)	-0.204 (0.358)	-0.203 (0.357)
Change in Family Members	0.850** (0.419)	0.848** (0.419)	0.744* (0.392)	0.744* (0.392)	0.690 (0.452)	0.685 (0.452)
Purchase of residence	3.882*** (1.318)	3.839*** (1.318)	3.459*** (1.213)	3.453*** (1.214)	2.924** (1.360)	2.978** (1.360)
Head of Household Income	0.394** (0.184)	0.389** (0.184)	0.409*** (0.220)	0.409* (0.220)	0.493 (0.549)	0.477 (0.549)
Head of Household Age	0.032 (0.069)	0.032 (0.069)	0.023 (0.086)	0.023 (0.086)	-0.472 (0.349)	-0.461 (0.349)
Head of Household Age (Squared)	-0.001 (0.001)	-0.001 (0.001)	-0.001 (0.001)	-0.001 (0.001)	0.005 (0.003)	0.004 (0.003)
Adj R-squared	0.0792	0.083	0.0492	0.0501
Root MSE	8.0421	8.0398
Number of obs.	5922	5922	5922	5922	5922	5922
Wald chi2	391.67	392.07

(Note) All regressions include time dummies for each period, whose results are omitted.
Expected Consumption (t+1)
OLS	random effects	fixed effects
Current Consumption	0.449*** (0.012)	0.447*** (0.011)	0.398*** (0.012)	0.398*** (0.012)	0.314*** (0.015)	0.315*** (0.015)
Current Income	-0.002 (0.013)	-0.002 (0.013)	-0.003 (0.013)	-0.003 (0.013)	0.001 (0.016)	0.001 (0.016)
Income Expectation	0.151*** (0.014)	0.152*** (0.014)	0.158*** (0.014)	0.159*** (0.014)	0.154*** (0.019)	0.154*** (0.019)
Current Price change	-0.024 (0.026)	-0.029 (0.026)	-0.043 (0.026)	-0.045* (0.026)	-0.082** (0.033)	-0.082** (0.033)
Price Expectation (X)	0.127*** (0.033)	0.037 (0.039)	0.131*** (0.034)	0.046 (0.039)	0.122*** (0.043)	0.043 (0.049)
(X) * (Y)	0.272*** (0.061)	0.261*** (0.061)	0.233*** (0.073)
Debt Repayment dummy (Y)	0.138 (0.212)	0.091 (0.212)	-0.010 (0.218)	-0.053 (0.218)	0.077 (0.282)	-1.194*** (0.355)
Risk to be unemployed	-0.711*** (0.227)	-0.725*** (0.227)	-0.872*** (0.244)	-0.879*** (0.244)	-1.201** (0.355)	-0.294 (0.328)
Concerns about social sec. & pens	-0.102 (0.233)	-0.081 (0.233)	-0.243 (0.242)	-0.225 (0.241)	-0.298 (0.329)	0.346 (0.410)
Change in Family Members	-0.011 (0.370)	-0.008 (0.370)	0.003 (0.352)	0.010 (0.351)	0.335 (0.411)	2.281* (1.319)
Purchase of residence	1.841 (1.262)	1.782 (1.260)	2.079* (1.182)	1.990* (1.180)	2.402* (1.320)	0.002 (0.498)
Head of Household Income	-0.212 (0.163)	-0.223 (0.163)	-0.059 (0.192)	-0.066 (0.192)	-0.001 (0.498)	0.315 (0.309)
Head of Household Age	0.011 (0.061)	0.011 (0.061)	0.022 (0.075)	0.022 (0.075)	0.333 (0.309)	-0.003 (0.003)
Head of Household Age (Squared)	-0.001 (0.001)	-0.001 (0.001)	-0.001 (0.001)	-0.001 (0.001)	-0.003 (0.003)
Adj R-squared	0.2911	0.2968	0.1630	0.1655
Root MSE	6.8937	6.8819
Number of obs.	5479	5479	5479	5479	5479	5479
Wald chi2	1767.32	1790.45

(Note) All regressions include time dummies for each period, whose results are omitted.
Table 4-2 The Effect of Price Expectations on Durable Goods Purchase

Ordered probit model	Probit model (marginal effects)
Durable Consumption Prospect (1:Increase,0:No Change,-1:Decrease)	Timing of Consumption (1:Postpone, 0: Others)
Current Income	0.008*** (0.002)	0.008*** (0.002)	0.0001 (0.003)	0.0001 (0.0002)
Income Expectation	0.011*** (0.002)	0.011*** (0.002)	-0.001** (0.0003)	-0.006** (0.003)
Current Price change	0.005 (0.004)	0.006 (0.004)	0.001 (0.001)	0.001 (0.001)
Price Expectation (X)	0.007 (0.005)	0.013** (0.006)	-0.011*** (0.001)	-0.010*** (0.001)
(X)*(Y)	-0.020* (0.010)	-0.002* (0.001)
Debt Repayment dummy (Y)	-0.118*** (0.034)	-0.115*** (0.034)	0.013** (0.005)	0.009* (0.005)
Risk to be unemployed	-0.119*** (0.037)	-0.119*** (0.037)	0.004 (0.005)	0.004 (0.005)
Concerns about social sec. & pension	-0.260*** (0.037)	-0.261*** (0.037)	0.007 (0.005)	0.008 (0.005)
Change in Family Members	0.010 (0.060)	0.010 (0.060)	-0.013** (0.007)	-0.013** (0.007)
Purchase of residence	0.155 (0.204)	0.164 (0.204)
Head of Household Income	0.081*** (0.027)	0.082** (0.027)	-0.002 (0.003)	-0.002 (0.003)
Head of Household Age	-0.035*** (0.010)	-0.036*** (0.010)	-0.002** (0.001)	-0.002** (0.001)
Head of Household Age (Squared)	0.0003*** (0.0001)	0.0002*** (0.0001)	0.00002** (0.00001)	0.00002** (0.00001)
Pseudo R2	0.0280	0.0284	0.2882	0.2901
Log likelihood	-5149.8069	-5147.9684	-583.74824	-582.21703
Number of obs.	6042	6042	4612	488
# 昭和53年度物品増減及び現在額総報告

(第 91 回 国 会 提 出)
## 目次

昭和53年度物品増減及び現在額総報告 …… 1

昭和53年度物品増減及び現在額総計算書 …… 5

一般会計物品増減及び現在額総計算書 …… 7

特別会計物品増減及び現在額総計算書 …… 8

総理府、大蔵省及び通商産業省所管 …… 8

電源開発促進対策 …… 8

大蔵省所管 …… 9

造幣局 …… 9

印刷局 …… 10

資金運用部 …… 11

大蔵省、通商産業省及び労働省所管 …… 12

石炭及び石油対策 …… 12

大蔵省及び建設省所管 …… 13

特定国有財産整備 …… 13

文部省所管 …… 14

国立学校 …… 14
厚 生 省 所 管 …… 15
厚 生 保 険 …… 15
船 員 保 険 …… 16
国 立 病 院 …… 17
あ へ ん …… 18
国 民 年 金 …… 19
農 林 水 産 省 所 管 …… 20
食 糧 管 理 …… 20
農 業 共 済 再 保 険 …… 21
漁船再保険及漁業共済保険 …… 22
国 有 林 野 事 業 …… 23
特 定 土 地 改 良 工 事 …… 24
通 商 産 業 省 所 管 …… 25
ア ル コ ー ル 専 売 事 業 …… 25
輸 出 保 険 …… 26
運 輸 省 所 管 …… 27
自動車損害賠償責任再保険 …… 27
港 湾 整 備 …… 28
自 動 車 検 查 登 録 …… 29
空 港 整 備 …… 30
郵 政 省 所 管 …… 31
郵 政 事 業 …… 31
昭和53年度物品増減及び現在額総報告
物品増減及び現在額総計算書の対象となる物品の昭和52年度未現在額はである。昭和53年度中における増加額は減少額はであつて、差し引きの増加となるが、これに同年度中に実施した物品の価格改定による増加額を加えると、同年度における増加額の合計額はとなる。これを昭和52年度未現在額に加算した額が物品の昭和53年度未現在額である。この物品の増減及び現在額の大要は次のとおりであり、会計別及び品目別の内訳は「物品増減及び現在額総計算書」のとおりである。
(1) 一般 会 計
所 管	昭和52年度未現在(A)	昭 和 53 年 度 間 増 減 (B)
増 (a)	減 (b)	差 引 (a - b)	価格改定による増又は減(円)
数量(個)	価 格(円)	数 量(個)	価 格(円)	数 量(個)	価 格(円)	数 量(個)	価 格(円)
皇 室 費	121	350,297,735	7	20,438,000	6	13,589,000	1	6,849,000	160,000	122	357,306,735
衆 議 院	313	462,150,389	44	78,117,600	29	35,640,900	15	42,476,700	0	328	504,627,089
参 議 院	163	254,502,398	18	34,451,500	17	17,334,750	1	17,116,750	296,700	164	271,915,848