Japan’s household spending remained weak in August even as the decline moderated. Real spending by two-or-more-person households improved from -3.6% y/y in July to -3.1% in August, slightly better than the -3.5% consensus, but still marked a ninth consecutive annual contraction. Spending rose just 0.1% m/m on a seasonally adjusted basis. Average monthly consumption expenditure […]
The post Japan Household Spending Falls -3.1% as Wage Gains Fail to Lift Consumption appeared first on ActionForex.
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