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Economy

Japan household spending records largest fall in 19 years

Golden Week travel demand and clothing sector hit hardest in April

A person shops at a supermarket in a mall during the COVID-19 outbreak in Chiba on May 28.   © Reuters

TOKYO -- Japan's household spending in April fell 11.1% from a year earlier, declining for the seventh consecutive month, as the coronavirus pandemic kept consumers at home. It is the largest decline since comparable data became available in 2001.

Spending by households with two or more people was 267,922 yen ($2,454), down 6.2% from the previous month, the Ministry of Internal Affairs and Communications showed on Friday.

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