The Japan Times
AsiaPac · 11 mins ago
✦ 78◉ Centre
Japan’s households cut spending even as wages kept growing
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Accuracy 78/100
Partisan intensity 25/100
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◉ Centre ✓ Fair headline
Japanese household spending declined in March despite continued wage growth, with transportation, communications, food, utilities and clothing contributing most to the spending reduction.
Japan’s households cut spending even as wages kept growing
Transportation and communications made up the biggest drag on spending in March, while food, utilities and clothing also weighed on the figure.
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