Japan's service-sector sentiment fell in March due to rising living costs and bad weather.
Japan's service-sector sentiment fell in March due to rising living costs and bad weather, with household spending declining for the 12th consecutive month. The real wage index also fell for the 23rd consecutive month, indicating households continue to face increased costs. The Bank of Japan faces a challenge in determining when to raise interest rates, as consumption has been a weak point in Japan's economic recovery.
April 08, 2024
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