Japan Household Outlays Fall Most Since Pandemic

Japan’s household spending fell by the most since 2020, highlighting persistent weakness in consumption, even as the Bank of Japan grows more confident that inflation has become entrenched enough to warrant further interest-rate increases.

Japan’s household spending fell by the most since 2020, highlighting persistent weakness in consumption, even as the Bank of Japan grows more confident that inflation has become entrenched enough to warrant further interest-rate increases.