TOKYO -- Japan's private consumption is showing signs of growth and is projected to rise through 2025 to get back to pre-COVID levels. But inflation will polarize spending trends as many consumers opt to treat themselves with the occasional luxury item, but continue to be thrifty over everyday purchases.
Economy
Consumption in Japan expected to slowly recover in 2025
Luxury and leisure sales are rising, but inflation will still dent spending on daily goods
Shoppers and tourists pass in front of Matsuya Ginza in Tokyo on Dec. 22. (Photo by Yuichi Nitta)
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