statementSaid on 2026-11-10
In Japan, household spending fell sharply beyond expectations, at the sharpest pace since the pandemic.
A statement by post author, said on 2026-11-10. Statements are as reported by the cited publishers — not verified by DecisionGateway.
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Household spending in Japan fell 6.8% in September year-over-year, more than double the 3% decline economists had estimated.post author · statementU.S. households are not cutting spending; they are borrowing in order to keep consuming.post author · statementAccelerating inflation continues to sap household spending.nikkeiasia · statementJapan's real wage rose 2.2% year-on-year in September, well above the 1.3% forecast, marking the eighth consecutive positive month and the longest streak in nearly a decade.post author · statementJapan's current account surplus totaled 2.37 trillion yen, far below the 3.3 trillion yen forecast.post author · statementThis is the weakest reading in more than two years, and it comes at a particularly sensitive time for the Bank of Japan, which is examining whether to continue its rate-hike path.post author · statement