Yahoo News - Latest News & Headlines
Japan household spending sags again in April
Japanese household spending dropped again in April, official figures showed Tuesday, as consumers kept a tight hold on their purse strings despite years of government efforts to boost spending. The fresh data attests to what analysts believe is a broader picture of the world's third largest economy -- it is picking up steam overall but tepid consumption continues to act as a drag. Japan's prospects have been improving on the back of strong exports, with investments linked to the Tokyo 2020 Olympics also giving the economy a shot in the arm.
No comments:
Post a Comment