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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.

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