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Japan's frugal households offer no respite for BOJ, retailers

Published Sun, Apr 16, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    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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