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Japan household spending, wages slump as Covid-19 pain lingers

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Household spending fell 10.2 per cent in September from a year earlier, marking the fourth biggest drop on record.

Tokyo

JAPAN'S household spending slumped in September from a year earlier and real wages slid for the seventh straight month, data showed on Friday, a sign that sluggish domestic demand will continue to drag on any recovery in the world's third-largest economy.

The data underscores...

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