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Japan Real Consumer Spending Up 2.3% in August, Tops Reuters Forecast

Real consumer spending in Japan rose 2.3% year over year in August, exceeding a Reuters forecast of 1.2%.

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Terms & Concepts
  • Real consumer spending: Consumer expenditure adjusted for inflation, reflecting changes in the actual volume of goods and services purchased.
  • Year-over-year (YoY): A comparison of a statistic with the same period in the previous year to account for seasonality.