Japan March Household Spending Posts 13th Straight Y/Y Drop on Lower Heating Bills, Slower Traveling; Partly Offset by Resumed Auto Output, Higher Car Prices
–Real Household Income Posts 18th Straight Y/Y Drop but Improves from February on Higher Wage Hikes By Max Sato (MaceNews) – Japan’s real household spending fell a smaller-than-expected 1.2% on year in March after a 0.5% slip in February (down a sharper 2.7% without the leap-year effect) as consumers remain cautious amid elevated costs for […]