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Japan's frugal households offer no respite for BOJ, retailers
Published Sun, Apr 16, 2017 · 09:50 PM
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Tokyo
NARUHITO Nogami, a 37-year-old systems engineer in Tokyo, drives to discount stores on weekends to bulk buy cheap groceries, even though he earns enough to make ends meet and the prospects for Japan's economic recovery are brighter.
"I do have money, but I'm frugal anyway. Everyone is like that. That's just the way it is," he said.
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