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Seniors driving consumption growth as Japan ages

They spend more on medical care, social activities, travel and home renovation
Tuesday, December 6, 2016 - 05:50


AS much of working-age Japan frets about having enough money in old age, the nation's seniors are increasingly propping up consumer spending, accounting for the little growth in consumption the country has seen in recent years. It is something of a paradox. In rapidly ageing Japan,

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