When demand-side statistics show weaker results than the actual trend due to sample factors or for other reasons, the level of private consumption in terms of revised GDP data is likely to be revised upward compared with the preliminary data. Therefore, the perception of the recent consumption trend may also be changed when revised GDP data are announced in one and a half years.
However, as the relatively firm aggregate income formation may lack momentum somewhat due to the reason that I already mentioned, a scenario in which a virtuous economic cycle from income to spending will pick up steam does not seem to be so persuasive.