Mmastodon BusinessEconomy first seen 1 d ago, last 14 h ago, peak #11
Japan Learns to Live With Years of Rising Prices
Original: How # Japan Is Learning to Live With Years of Rising Prices | News On Japan https:// newsonjapan.com/article/150969 .php
Japan is adjusting to a prolonged period of rising prices after decades of deflation, with households and businesses adapting to persistent inflation. Commentary circulating online links the yen's sharp devaluation to years of near-zero interest rates that encouraged borrowing in yen for investment abroad, weakening the currency and pushing up import costs.
Why now: Ongoing yen weakness and inflation are hitting household budgets, making Japan's cost-of-living shift a hot topic.
JapanBank of JapanUnited States
Evidence
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