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Elliott & Associates Research Japan Global Markets:Consumer

By Crescente Mancini, published on Mar 14, 2015

Consumer spending has decreased by 5%, marking ten months of declining rates which is the longest the market has seen since 2009's global economy crisis. At the beginning of the year, most Japanese have already cut back on their spending, which resulted in the retail industry suffering an unexpectedly sharp decrease in the last two quarters.

Experts of Elliott & Associates Research Global Markets claim that a potential difficulty for the industrial sector is a scenario where consumer spending does not increase in a couple of months. Another challenge against the recovery is the significantly... (more)

Tags: elliott & associates research japan global markets: consumer spending still down

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