Japan's consumer mood worsens in March as Iran war bites
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Japan's consumer confidence declined in March, marking the first drop in three months, as rising fuel costs from the Middle East conflict impacted the economic recovery. The consumer mood index fell to 33.3, a decrease of 6.4 points from February, the largest drop since April 2020. The government revised its assessment, indicating weakening consumer sentiment, which poses challenges for the Bank of Japan's interest rate decisions in April.
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Source: CNA The copyright of this article belongs to the original author/organization.
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