Japan households spend less amid higher taxes

Source: RTT News
© Scanpix/Reuters
The average spending of Japanese households declined noticeably in May of the current year, slipping by 8.0% on the annual basis and reaching 271,411 yen. Consumption expenditures in May plunged 8.8%. Analysts point on the negative effect from the rise of sales tax in April. They also expected much smaller fall in spending, only by 2.1% in May after April's contraction of 4.6%. 
Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.