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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI DATA IMPACT: Japan March Household Spending Drops 6.0% Y/Y
TOKYO (MNI) - Average monthly spending per household in Japan fell sharply
in March due to the coronavirus disruptions, according to a survey by Japan's
Ministry of Internal Affairs and Communications released on Friday.
--Spending by households with two or more people dipped further by 6.0% y/y
in March, faster than the previous month's 0.3% fall, marking the 6th monthly
decrease. The MNI survey had projected a 6.7% y/y drop.
--Spending on food decreased 2.4% y/y, sharply down from the previous 4.2%
y/y gain, but spending on fuel, lighting and water edged up 1.0% y/y, compared
with a 6.0% y/y drop in February.
--The average real income of households with salaried workers rose 1.5%
y/y, after rising 1.7% y/y last month.
--Household spending declined 4.0% on a monthly basis in March, compared
with the previous month's 0.8% m/m rise, marking the third drop in four months.
--MNI Beijing Bureau; tel: +86 (10) 8532-5998; email: flora.guo@marketnews.com
--MNI Sydney Bureau; +61 405322399; email: lachlan.colquhoun.ext@marketnews.com
[TOPICS: MAJDS$,MAUDR$,MAUDS$,M$A$$$,M$J$$$,M$U$$$]
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.