Japan’s household spending, real wages extend COVID-driven declines – Japan Today

Household spending declined 6.9% in August from a year earlier, matching a median forecast in a Reuters poll.

A year-on-year decline in the household spending in August would mark the 11th straight of falls, the longest period of contraction since a 15-month stretch to May 2017.

Japan’s household spending, real wages extend COVID-driven declines – Japan Today