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Japan household spending extends declines, raises recovery doubts

January 07, 2022 9:17 AM

TOKYO (REUTERS) – Japan’s household spending posted an annual drop for the fourth straight month in November, a weaker-than-expected reading that threw into doubt hopes that a consumer demand recovery will give a major boost to the economy in the final quarter of 2021.

Source : https://www.straitstimes.com/business/economy/japan-household-spending-extends-declines-raises-recovery-doubts

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