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Japan's Wages and Consumer Spending Decline, Goldman Sachs Economist Leaves, Blackstone Expects India and Japan Activity
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Japan's Wages and Consumer Spending Decl...
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Japan's wages and consumer spending continue to decline, putting pressure on labor groups to demand higher wage increases. Goldman Sachs' chief Japan economist is leaving the firm, and Blackstone expects India and Japan to be its most active markets in Asia next year. Japan's service activity expanded at the slowest pace this year, raising concerns about the sector's softening.
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How might the departure of Goldman Sachs' chief Japan economist impact the country's economic outlook?
What are the potential implications of declining wages and consumer spending in Japan?
What factors are contributing to the slowdown in Japan's service activity?
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