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84% of firms in Japan see economic growth in 2022, survey shows

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Consumers in Japan have also continued to tighten their purse strings as prices of some daily supplies have been hiked due to rising raw material costs and the weakening of the Japanese yen.

The LDP and Japan Inc. to Japanese consumers: We give you inflation and a record high stock market. Why aren't you spending all this bounty?

Meanwhile the public is trying to figure out how to pay next month's rent from their contractor job and if they will ever be able to retire.

13 ( +14 / -1 )

Consumers in Japan have also continued to tighten their purse strings as prices of some daily supplies have been hiked due to rising raw material costs, the weakening of the Japanese yen and the corporate greed to raise prices simply because they think they can get away with it…

6 ( +7 / -1 )

Every year there are the same dreams and every year they fail.

2 ( +6 / -4 )

Real growth and recovery to 2019 levels, the last 'normal year' probably won't happen until 2024 at the earliest, assuming no more global problems, such as war, pandemics, supply chain issues, financial breakdowns and other societal collapses.

Another couple of tough years ahead.

3 ( +4 / -1 )

See economic growth based on what data? So far as I can see, there's still a serious shortage of semiconductors, the supply chain is dysfunctional at best, FUBAR at worst; wage increases haven't materialized, and at the earliest if at all, Q2, but inflation will nullify any measly wage increase the corporate heads dole out, and consumer confidence I would venture to say is close to zero because of the government's inept handling of a crisis. And finally, no one knows what the 'rona is going to mutate into next, not even Keidanren.

1 ( +4 / -3 )

the weakening of the Japanese yen.

This is the currency manipulation by BOJ to increase exports at the expense of the citizens of Japans. Even the US is continuing declaring Japan a currency manipulator.

-1 ( +4 / -5 )

Very nice!

2022 is the turning back year.

-1 ( +2 / -3 )

This is the currency manipulation by BOJ...

The BOJ can afford to keep interest rates low and policy loose. That's because there is no inflation threat in Japan, unlike in the US,, where prices are rising rapidly. Low rates tend to weaken currencies. Japan would be crazy to hike at this point.

0 ( +2 / -2 )

About 84 percent of major companies in Japan expect the country's economy to grow in 2022, driven by recovering personal consumption amid hopes that the coronavirus pandemic will subside, according to the results of a survey by Kyodo News.

In the survey of 106 companies, including Toyota Motor Corp and SoftBank Group Corp, 13 firms predicted the economy will be flat as people remain cautious about the pandemic. But none of the firms said it will contract.

So, only 106 companies, conveniently all members of the big boyz club...Naruhodo. Anybody cared to ask SMEs for a change?

The lifting of the emergency on Oct 1 has raised expectations that demand will get close to pre-pandemic levels among a number of industries, especially leisure-related ones such as travel and restaurants.

Which didn't happen as...

Consumers in Japan have also continued to tighten their purse strings as prices of some daily supplies have been hiked due to rising raw material costs and the weakening of the Japanese yen.

Kyodo still grasping at straws...Working there must be one of the most depressing jobs conceivable...

1 ( +3 / -2 )

Delusional!

1 ( +2 / -1 )

Hopefully the travel and tourism industries are included in that 84%!!!

1 ( +2 / -1 )

Japan government only know to allow depreciation of Yen to stimulate growth.

If it really works, why the economy keeps stagnant for decades

3 ( +3 / -0 )

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