Mumbai, Sept. 4 -- Japan's household spending fell 3.6% YoY in July, marking an eighth consecutive monthly decline and sharply undershooting expectations for a 1.6% drop. Weakness broadened across food, utilities, transport, healthcare, education and housing, highlighting persistent fragility in consumer demand. On a seasonally adjusted monthly basis, spending rose 0.5%, rebounding from June's 6.4% contraction.
Published by HT Digital Content Services with permission from Capital Market....