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Xinhua world economic news summary at 0830 GMT, Jan. 9

TOKYO — Japan’s household spending in November fell 2.9 percent from a year earlier as people continued to cut back amid rising prices, government data showed Tuesday.

Households of two or more people spent an average of 286,922 yen (about 1,990 U.S. dollars), dropping for the ninth consecutive month while expanding from the 2.5-percent fall in October, the Ministry of Internal Affairs and Communications said.