Japan Oct household spending seen falling after sales tax hike - Reuters poll
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TOKYO (Reuters) - Japan's household spending is expected to have fallen at the fastest pace in about 1-1/2-years in October after a hike in the sales tax, a Reuters poll showed on Friday. Household spending likely fell 3.0% in October from a year earlier, the poll of 15 economists found, the fastest pace of decline since May 2018 when it fell 3.8%.Japan raised the sales tax to 10% from 8% on Oct. 1, a move that is seen as critical for fixing the country's tattered finances.From the previous..