You are here

Weak data puts pressure on Abenomics

Household spending fell by 5.9% y-o-y in July, factory output rise stayed weak at 0.2%

Tokyo PRIME Minister Shinzo Abe's Abenomics policies suffered a further blow to their credibility on Friday, as household spending in Japan slumped by just under 6 per cent in July compared to a year earlier - twice the level expected - in the wake of April's sales tax hike while factory output

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom