Credit card spending Tokyo South Korea Summer 2019
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South Korean credit card spendings in Tokyo fell from 8.7 billion South Korean won in the forth week of June to around 7.6 billion won in the forth week of July 2019, a decrease of around 12.4 percent within a month. Overall South Korean credit card spending on Japanese products halved within the same period. The decrease is caused by the trade spat between the two countries and the growing anti-Japanese sentiment.
