Japanese Household Spending Continues Decline, Drops 2.5% for Eighth Consecutive Month
The Japanese Ministry of Internal Affairs and Communications released figures indicating a concerning trend in household spending for October, revealing a 2.5% year-on-year decline. This marks the eighth consecutive month of dwindling household expenditure, although it slightly surpassed market expectations, which had anticipated a steeper 3.0% fall. According to the report, households comprising two or …
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