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Japan’s household spending rose in April for the first time in 14 months, official data showed Friday, as wages grew at the fastest pace in three decades.
The figure was up 0.5 percent on-year with more money spent on education, clothes, and transport, including cars, according to the internal affairs ministry.
Eyes are now on a decision next week by the Bank of Japan, which in March hiked interest rates for the first time since 2007 but indicated it would maintain its ultra-loose monetary policy.
