While many Japanese dream of spending weeks on vacation to get away from their homes and offices, many are likely to settle for more modest getaways this summer amid the ongoing uncertainties in the economy.
According to an online survey by Meiji Yasuda Life Insurance Co., many plan to spend the summer holidays at home due mainly to budget limitations.
Spending is likely to come to an average of ¥81,380 this summer, down ¥2,952 from the previous year and down for the second year in a row.
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