Summary: Japanese household spending rose 4.7% in May, the fastest pace in nearly three years, driven by higher spending on automotive-related products and dining out. However, analysts remain cautious due to potential negative impacts from U.S. tariffs on Japanese imports, which could affect corporate earnings and wage negotiations. Despite positive wage hikes, uncertainty surrounding trade tensions poses a risk to the recovery in consumption.

Link: https://www.channelnewsasia.com/business/japans-household-spending-rises-quickest-pace-3-years-tariff-risks-loom-5219766