Live Breaking News & Updates on People aren t buying more

despite the rise in salaries, consumersjust aren't despite the rise in salaries, consumers just aren't feeling the benefit and, in fact, household spending has been falling for the fourth straight month stop earlier, spoke to a consumer sector specialist who explained why people aren't buying more, despite the wage hikes. ~ ., ., , buying more, despite the wage hikes. ~ . ., , ., , hikes. what was out shows the on household _ hikes. what was out shows the on household spending - hikes. what was out shows the on household spending was - hikes. what was out shows the on household spending was for four consecutive months was negative by 4.2% and this was dampened by the real wage growth that was also negative, this was negative for 15 consecutive months. that is a balance of the wage growth offset by the nominal wage increase which has been around 2-3%, increase which has been around 2—3%, plus, which is a good news, but the cost increase by inflation has been offering, it is around 4%, offsetting the nominal wage growth. this dampens consumers' appetite to spend more. dampens consumers' appetite to spend more-— spend more. what needs to ha en spend more. what needs to happen here. _ spend more. what needs to happen here, japanese - spend more. what needs to - happen here, japanese companies

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