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Japan’s household spending slumps most since pandemic
Government data showed transport, education and entertainment spending drove a 10th straight monthly decline, despite rising wages and support measures.
6 Articles
6 Articles
Japan September household spending slumps amid bad weather
Japan Household Spending Plunges 6.8% Despite Rising Real Income, Exposing Weak Consumer Demand - ActionForex
Japan’s household spending contracted sharply in September, highlighting persistent weakness in private consumption despite improving household income. Real spending fell from -3.1% yoy in August to -6.8%, significantly worse than market expectations of -3.0% and marking the tenth consecutive month of contraction. The decline was the steepest since September 2020, while seasonally adjusted spending dropped […]
Coverage Details
Total News Sources6
Leaning Left0Leaning Right1Center3Last Updated75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
C 75%
R 25%
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