Consumer spending in Japan unexpectedly fell in July, threatening the country’s gradual recovery. <br /><br /> The development puts more pressure on policymakers to offer more fiscal and monetary support to stimulate the economy.<br /><br /> Premier Shinzo Abe’s policies – sometimes known as abenomics – have so far failed to adequately boost wages, exports and prices and analysts doubt whether any further monetary easing or fiscal spending will do any more to reflate the economy. <br /><br /> Spending on large items such as cars <br />remained particularly weak, a sign consumers are still reluctant to spend.
