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Japan's soft household spending, wages signal prolonged COVID-19 economic strains


4 Min Read
TOKYO (Reuters) - Japan’s household spending dropped for a third straight month in February, data showed on Tuesday, as emergency curbs to prevent the spread of the coronavirus hurt consumption and raised the risk of a more prolonged and bumpier economic recovery.
FILE PHOTO: A woman chooses clothes at a shop in Tokyo, Japan, January 23, 2017. REUTERS/Kim Kyung-Hoon/File Photo GLOBAL BUSINESS WEEK AHEAD
Separate data on wages reinforced signs of a challenging growth outlook as policymakers strive to mitigate the consumer and business impact of the health crisis.
Analysts are forecasting an economic contraction in the first quarter as a state of emergency in Tokyo and some other areas to contain a renewed spike in coronavirus cases pressures businesses, especially the service sector such as restaurants and hotels. ....

Toru Suehiro , Kaori Kaneko , Ritsuko Ando , Stephen Coates Shri Navaratnam , Thomson Reuters Trust Principles , Stephen Coates , Thomson Reuters Trust , கிொரி காநெக்கோ , ஸ்டீபன் பூச்சுகள் திரு நவரட்னம் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , ஸ்டீபன் பூச்சுகள் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,

Japan's soft household spending, wages signal prolonged COVID-19 economic strains


4 Min Read
TOKYO (Reuters) - Japan’s household spending dropped for a third straight month in February, data showed on Tuesday, as emergency curbs to prevent the spread of the coronavirus hurt consumption and raised the risk of a more prolonged and bumpier economic recovery.
FILE PHOTO: A woman chooses clothes at a shop in Tokyo, Japan, January 23, 2017. REUTERS/Kim Kyung-Hoon/File Photo GLOBAL BUSINESS WEEK AHEAD
Separate data on wages reinforced signs of a challenging growth outlook as policymakers strive to mitigate the consumer and business impact of the health crisis.
Analysts are forecasting an economic contraction in the first quarter as a state of emergency in Tokyo and some other areas to contain a renewed spike in coronavirus cases pressures businesses, especially the service sector such as restaurants and hotels. ....

Toru Suehiro , Kaori Kaneko , Ritsuko Ando , Stephen Coates Shri Navaratnam , Thomson Reuters Trust Principles , Stephen Coates , Thomson Reuters Trust , Asia Pacific , Consumer Credit Data , Economic Indicators , Economic News 3rd Party , Employment Unemployment Data Policy , Major News , Monetary Fiscal Policy Makers , All Retail , Reuters Top News , Workers Pay , கிொரி காநெக்கோ , ஸ்டீபன் பூச்சுகள் திரு நவரட்னம் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , ஸ்டீபன் பூச்சுகள் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை , ஆசியா பெஸிஃபிக் , நுகர்வோர் கடன் தகவல்கள் , பொருளாதார செய்தி கட்சி , வேலைவாய்ப்பு வேலையின்மை தகவல்கள் பாலிஸீ ,

Japan's soft household spending, wages signal prolonged COVID-19 economic strains

Japan's soft household spending, wages signal prolonged COVID-19 economic strains
metro.us - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metro.us Daily Mail and Mail on Sunday newspapers.

Toru Suehiro , Kaori Kaneko , Ritsuko Ando , Stephen Coates Shri Navaratnam , Stephen Coates , Shri Navaratnam , கிொரி காநெக்கோ , ஸ்டீபன் பூச்சுகள் திரு நவரட்னம் , ஸ்டீபன் பூச்சுகள் , திரு நவரட்னம் ,

UPDATE 1-Japan's ruling party executive signals chance of extra budget to combat COVID-19 strain


UPDATE 1-Japan s ruling party executive signals chance of extra budget to combat COVID-19 strain
Reuters
4/5/2021
PM Suga voices caution over idea of new extra budget
Govt can respond to COVID needs with existing funds - Suga (Adds quotes from Suga on idea of extra budget)
By Leika Kihara
TOKYO, April 5 (Reuters) - Japan may need to compile a supplementary budget for the current fiscal year to combat the economic blow from the coronavirus pandemic, a senior ruling party official was quoted as saying in a television programme that ran on Sunday.
If there s any shortage of funds, we d like to always respond aggressively including by compiling a supplementary budget, Toshihiro Nikai, the ruling Liberal Democratic Party s secretary general, said in the programme. ....

Toshihiro Nikai , Leika Kihara , Yoshihide Suga , Hitoshi Ishida , Stephen Coates Shri Navaratnam , Democratic Party , Liberal Democratic Party , Minister Yoshihide Suga , Stephen Coates , Shri Navaratnam , ஸ்டீபன் பூச்சுகள் திரு நவரட்னம் , ஜனநாயக கட்சி , தாராளவாத ஜனநாயக கட்சி , ஸ்டீபன் பூச்சுகள் , திரு நவரட்னம் ,