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Japan Household Spending Falls 3.4% In December
The average of household spending in Japan was down 3.4% on year in December, the Ministry of Internal Affairs and Communications said on Friday - standing at 332,363 yen. That missed forecasts for a decline of 2.3% following the 2.5% annual contraction in November. The average of monthly income per household stood at 924,911 yen, down 0.8% on year. The average of consumption expenditures per household was 357,772 yen, down 3.0% on year.