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Japan Household Spending Falls for 10th Straight Month

Household spending in Japan fell 6.8% in September from a year earlier, marking the 10th consecutive month of decline and the sharpest drop since September 2020, when consumer activity was severely…

  • Household spending in Japan fell 6.8% in September 2023, 10th consecutive month of decline
  • Real monthly consumption expenditure per household dropped to 289,536 yen, down 6.8% year-over-year

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