TOKYO -- Japan's travel data for July showed weaknesses in both overseas visitors' consumption, which has been among the few drivers of growth in the Japanese economy, and in economy-sensitive discretionary spending by residents, underscoring a broader sense of stagnation.
Economy
Decline in nights spent in Japan underscore economic stagnation
Signs overseas tourist demand has 'already run its course' as inflation also curbs domestic trips
Nights spent by travelers in Japan declined in July, the second monthly decline in a row. (Photo by Konosuke Urata)
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