Japan Nov household spending unexpectedly falls 1.2% | Inquirer Business

Japan Nov household spending unexpectedly falls 1.2%

/ 08:12 AM January 10, 2023

TOKYO  – Japanese household spending fell 1.2 percent in November from a year earlier, government data showed on Tuesday, versus a median market forecast for a 0.5-percent gain.

On a seasonally-adjusted month-on-month basis, household spending decreased 0.9 percent in November, compared with an estimated 0.5 percent decline.

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TAGS: consumer spending, economy, Japan

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