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© KYODO84% of firms in Japan see economic growth in 2022, survey shows
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© KYODO
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dagon
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.
Peter Neil
Lindsay
Every year there are the same dreams and every year they fail.
wanderlust
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.
dbsaiya
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.
Iron Lad
Very nice!
2022 is the turning back year.
JeffLee
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.
dan
Delusional!
tttccc111
Japan government only know to allow depreciation of Yen to stimulate growth.
If it really works, why the economy keeps stagnant for decades