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Japanese Household Spending MoM (Nov) M/M 6.2% vs. Exp. 2.7% (Prev. -3.5%)

Japanese household spending surged 6.2% month-over-month in November, significantly outperforming expectations of 2.7% and rebounding from a previous decline of 3.5%.

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PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Fast Retailing (9983 JT) Q1 (JPY) net 147.5bln (prev. 131.9bln Y/Y), rev. 1.03tln (prev. 895bln Y/Y), sees FY net rising 4% Y/Y to 450bln (exp. 445.4bln) and FY rev. rising 12% Y/Y to 3.8tln

Japanese Household Spending MoM (Nov) M/M 6.2% vs. Exp. 2.7% (Prev. -3.5%)

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This robust spending could signal stronger consumer confidence and support for growth in the Japanese economy, potentially affecting monetary policy discussions and broader market sentiment.

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