Japan Household Spending Falls For Ninth Straight Month

Japanese household spending fell for a ninth consecutive month in August, although the decline was narrower than expected, government data showed on Friday. Household spending dropped 3.1% year-on-year, compared with the median market forecast for a 3.6% decline, according to data from Japan’s internal affairs ministry. On a seasonally adjusted monthly basis, spending edged up […]

Japanese household spending fell for a ninth consecutive month in August, although the decline was narrower than expected, government data showed on Friday. Household spending dropped 3.1% year-on-year, compared with the median market forecast for a 3.6% decline, according to data from Japan’s internal affairs ministry. On a seasonally adjusted monthly basis, spending edged up […]

This article was originally published by Businesstoday | Malaysia.

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