Pensions are seen rising an adjusted 1 per cent this year, but the government is also planning to raise health care costs. Photo: AFP Pensions are seen rising an adjusted 1 per cent this year, but the government is also planning to raise health care costs. Photo: AFP
Pensions are seen rising an adjusted 1 per cent this year, but the government is also planning to raise health care costs. Photo: AFP
Business

Japan's pensioners limit economic recovery by holding on to cash

Incomes are improving in Japan and private spending is expected to pick up, but growth could be restricted by the rising number of retirees

Reuters
Reuters

Updated: 11:01pm, 21 Jun, 2015

Why you can trust SCMP
Pensions are seen rising an adjusted 1 per cent this year, but the government is also planning to raise health care costs. Photo: AFP Pensions are seen rising an adjusted 1 per cent this year, but the government is also planning to raise health care costs. Photo: AFP
Pensions are seen rising an adjusted 1 per cent this year, but the government is also planning to raise health care costs. Photo: AFP
READ FULL ARTICLE