Japan’s Household Spending Stays Flat in Signs of Tepid Growth

Bloomberg News

Japan’s Household Spending Stays Flat in Signs of Tepid Growth
Economic GrowthMinistry Of Internal AffairsHousehold Spending
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(Bloomberg) -- Japan’s household spending was largely unchanged in July, adding to concerns that overall economic growth will stay tepid in the current...

-- Japan ’s household spending was largely unchanged in July, adding to concerns that overall economic growth will stay tepid in the current quarter.World's Second-Tallest Tower Tests Malaysia's Appetite for More Skyscrapers

The weak spending results come even as recent wage data have painted a brighter picture. Data Thursday showed that real wages rose for a second straight month in July after advancing in June for the first time in 27 months. The BOJ has pledged to keep raising interest rates if inflation develops in line with its outlook. The central bank under Governor Kazuo Ueda has been raising its policy rate this year faster than many analysts had expected. Yet, the BOJ has also said it will closely monitor the fallout of the recent market crash on prices as it mulls the pace and timing of further hikes.

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Economic Growth Ministry Of Internal Affairs Household Spending Japan Fumio Kishida Wage Growth Inflation

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