TOKYO : Japan's household spending unexpectedly fell in June as cuts to summer bonuses hit consumption, data showed on Friday, adding gloom to an economy already struggling with the hit from a resurgence in coronavirus infections.
Compared with May, household spending fell 3.2per cent, reinforcing the need for export-driven growth as domestic demand remains weak due to the state of emergency curbs. Separate data showed wages fell 0.1per cent in June from a year earlier, marking the first annual decline in four months after a 1.9per cent rise in May.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Magnitude 6.0 earthquake strikes off coast of Japan, rattling the Tokyo Olympic GamesA magnitude 6.0 earthquake struck the coast of the Ibaraki prefecture in Japan, with shaking felt by some attending the Olympic Games in Tokyo.
Source: YahooSG - 🏆 3. / 71 Read more »
Nissan's battery partner to spend over US$450 million on new plant in JapanNissan Motor Co's Chinese battery partner Envision AESC said on Wednesday it would spend 50 billion yen (US$460 million) to build a new battery ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Sharing videos on social media from Tokyo Olympics is not allowed: IOCTOKYO: Sharing videos from the Tokyo 2020 Olympic Games on social media is not allowed, even for athletes, the International Olympic Committee (IOC) said on Thursday (Aug 5) as it looked to protect broadcasters\u0027 rights. Jamaican double gold medallist sprinter Elaine Thompson-Herah was blocked briefly from
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Diving: Singapore's Freida Lim finishes last in Tokyo Olympics 10m platform prelimsShe did well. Compare to useless me have not even spectate a Olympics on site. We must always give our people full support. Good effort. Nobody dares to plunge from a 10m high platform but you did it with style. Thank you for representing our nation 🇸🇬.
Source: TODAYonline - 🏆 1. / 99 Read more »
Singaporeans in action at Tokyo 2020YESTERDAY: TABLE TENNIS • Feng Tianwei, Yu Mengyu, Lin Ye (women's team, quarter-finals) - lost 3-0 to China SAILING • Kimberly Lim & Cecilia Low (women's 49er FX, medal race) -...
Source: thenewpaper - 🏆 7. / 63 Read more »
A hug, a hunk, a cockroach: Tokyo Olympics' most memorable non-sporting momentsEven if you aren’t into sports, this year’s Games had plenty to offer on the sidelines. CNA Lifestyle lists them down. What were your favourites?
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »