JAPAN’S HOUSEHOLD SPENDING FELL BY 10.2 PERCENT IN SEPTEMBER

Highlights –

• Japan’s household spending fell by 10.2 percent in September.
• The monthly drop was the sharpest since May’s decline by 16.2 percent.
• The seasonally adjusted figure climbed by 3.8 percent from August.
• Utility costs saw a year-on-year rise, up 4.0 percent.

The Japanese government on Friday announced that the country’s househ....