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Japan's August household spending picks up

Economy may avoid a technical recession, but corporate inflation expectations show decline

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SLUMP OVER: The gains in car sales are particularly encouraging because it suggests this category has finally recovered from a tax increase.

Tokyo

JAPAN'S household spending rose in August for the first time in three months and the availability of jobs improved to its best in more than two decades, which could temper concerns that the economy has fallen into a recession.

The 2.9 per cent annual increase in household

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