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Japan's household spending falls unexpectedly in July
Published Tue, Aug 29, 2017 · 09:50 PM
Tokyo
JAPAN'S household spending unexpectedly fell in July from a year earlier after last month's spike, casting some doubt on the sustainability of a domestic demand-driven economic recovery seen as vital to boosting tepid inflation.
The data keeps pressure on policymakers betting that a tightening labour market will boost wages and lift consumption, thereby allowing companies to raise prices and help the B…
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