Japan October household spending unexpectedly falls 3.0% year/year
TOKYO, Dec 5 (Reuters) – Japanese household spending unexpectedly fell 3.0% in October from a year earlier, government data showed on Friday, worse than the median market forecast for a 1.0% rise. On a seasonally adjusted, month-on-month basis, spending dropped 3.5%, versus an estimated 0.7% uptick, internal affairs ministry data showed. The indicator will be among factors the Bank of Japan (BOJ) will scrutinise in deciding whether to raise interest […]