Friday's data, coupled with signs of weakening retail sales, show the scale of the challenge in restoring consumer confidence.By boosting inflation, Japan's planners hope to persuade consumers to spend more now in anticipation of price increases in the future. That could prove a daunting challenge given a drop in real wages over the past two decades and the weak job market, said Susumu Takahashi, head of the Japan Research Institute and a member of a government economic advisory council.
Japan Jobless Rate Up, Prices, Manufacturing Fall
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