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Japan data - November household spending -1.2% y/y (prior 1.2%)

Japan data - November household spending -1.2% y/y (prior 1.2%)

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Eamonn Sheridan
09/01/2023 | 23:30 GMT

Japan Overall Household Spending for November 2022 -1.2% y/y

  • expected +0.5%, prior +1.2%

This is the first y/y fall in 6 months. The Japanese government says the drop is due to lower spending on food.

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