Will Japan see its first consumption decline in over two years? BOJ preemptively "inoculates": under population shrinkage, weak aggregate deteriorating demand, December rate hike not necessarily affected

Zhitong Finance APP has learned that the Bank of Japan stated that, affected by continued population shrinkage, it is difficult for Japan's overall consumption to achieve strong growth, but this also means that the overall consumption slump itself does not necessarily indicate weakening household demand.