Japan's household spending rose more than expected in March but real wages ...
FILE PHOTO: A shopper looks at fish at Ameyoko shopping district in Tokyo, Japan, January 27, 2016. REUTERS/Yuya Shino/File Photo
Household spending gained 2.1 percent from a year earlier, government data showed on Friday, beating a median market forecast for a 1.7 percent increase. A recovery in domestic consumption is crucial for the Bank of Japan to meet its 2 percent inflation target. For years, weak spending has caused many companies to refrain from raising prices.
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