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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: FrozenZ who wrote (12594)	9/30/2004 8:45:14 PM
From: mishedlo	Respond to of 116555

Japan August salaried household spending falls 0.2 pct year-on-year Friday, October 1, 2004 12:15:17 AM afxpress.com TOKYO (AFX) - Salaried household spending in August fell a real 0.2 pct year-on-year, the Ministry of Public Management, Home Affairs, Posts and Telecommunications said. That compares with the average forecast of a 0.2 pct increase in a Nihon Keizai Shimbun survey of 21 research institutions. The forecasts ranged from a decline of 0.2 pct to a rise of 3.0 pct Spending by households headed by salaried workers, which accounts for about 60 pct of total household spending in Japan, rose by a real 2.9 pct in July from the previous month Overall income of salaried worker-headed households was unchanged year-on-year. Incomes of household heads increased 1.9 pct and disposable income fell by 1.2 pct, the ministry said The propensity to spend rose to 75.4 pct from 71.0 pct the previous month, the ministry said ====================================================================== US on the cutting edge of shopping. No doubt are consumers are the best trained in the world, not at bargains or affordability, but in just plain buying. It is indeed a unique talent we have. No other country come close.