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© 2018 AFPJapan’s core consumer prices rise 0.8% on year in July
By Behrouz Mehri TOKYO©2024 GPlusMedia Inc.
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© 2018 AFP
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bones
I never been good at math but that’s Still less than one percent , so not a big noticeable change.:-/
kawabegawa198
Good news. The last thing I want is higher prices.
Yubaru
More smoke an mirrors, along with "new" vocabulary! "Core Prices"
One thing I can never seen used here in Japan, which would be a much more accurate guide to consumer spending, inflation and deflation, would be to use what is called the "Consumer Price Index"
(CPI) https://www.investopedia.com/terms/c/consumerpriceindex.asp#ixzz5P4DQVEcd
But it seems the government and translators here are loathe to tell the "truth".
rainyday
Er....but the Japanese government does keep track of and publicize the consumer price index:
http://www.stat.go.jp/english/data/cpi/index.html
yildiray
With the consumption tax rising next year, I wonder how bad this really is. Surely people are more likely to be spending right now on bigger purchases?
ozziedesigner
All CPI's are in fact lies. Nonetheless even if inflation is just 0.8% per anum and your wages are stagnant then you are sliding backwards at a rapid rate if it keeps up for a few years
Ray Payne
Open wider markets for imports and watch consumer prices come down.
Realization
This situation expecting to be worse day by day.
If Japanese company paying higher to their overseas foreign employee and cutting/paying less in domestic for same work, same positions.
Serrano
"Inflation stood at 0.8 percent year-on-year in July, unchanged from the previous month and still far below the Bank of Japan's two percent target."
Agree with kawbegawa, I don't want to see prices go up. Yeah, sure, the managers of the Bank of Japan don't have to worry if prices go up 2 percent, but a lot of other people do.