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Japan household spending falls unexpectedly, clouds BOJ rate path

Japanese household spending unexpectedly fell in May, government data showed on Friday, as higher prices continued to squeeze consumers purchasing power, further threatening the fragile economy.

Posted by Hicham ALAOUI RIZQ on 05 Jul, 2024

Introduction

Japanese household spending unexpectedly fell in May, government data showed on Friday, as higher prices continued to squeeze consumers purchasing power, further threatening the fragile economy.

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