Japan middle class loses spending power despite years of pay raises
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Source: Nikkei Asia
Published: 2026-08-19 04:28 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Culture & Entertainment, Asia, Economy & Finance, Labour & Workers, Tax & Budget, Business & Economy, Asia Pacific
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Snippet:
Households have cut back on non-essential spending such as learning and entertainment amid declining purchasing power. (Source photos by Nikkei)
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