TOKYO: Japanese household spending unexpectedly fell in April while inflation and factory output were also lackluster, a string of official data showed on Friday, aggravating concerns about the world’s third-largest economy.
The figures come as economists warn Japan could see a weak second quarter, following a better-than-expected 0.6 percent expansion—or 2.4 percent at an annualized rate—during the first three months of the year.
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