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© (c) Copyright Thomson Reuters 2019. Click For Restrictions - https://agency.reuters.com/en/copyright.htmlJapan's July core inflation hovers at two-year low, adding pressure on Bank of Japan
By Daniel Leussink TOKYO©2024 GPlusMedia Inc.
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TheLongTermer
what ever happened to the 2% that abenomics and kuroda promised years ago?
Do the hustle
They just keep singing the same old blues. Nothing has improved in the 8 years of Abenomics. In fact, it has gotten worse with sales tax increases.
JeffLee
Gobalization and the modern "free market" economy are inherently deflationary. Get used to it.
Andrew Crisp
Fail to see what is the problem with deflation, prices go down its great news for people sitting on the sideline, waiting for an opportunity.
kurisupisu
All those in Japan will soon be paying a tax to the government in order to possess savings...
bluedogsdodge
And they are still going to raise the taxes to 10% next month?
TheLongTermer
Thats a good question, but Japanese dont want that; they prefer being in the city that supports people from all over Japan. Japan has beautiful areas outside of Tokyo but they are clanish, and dont want those areas populated by outsiders. Tokyo is full of outsiders. And you know Osaka, Kyoto and Nagoya hate Tokyo. Its complicated
Tom
In 1984 a big bottle of Kirin and my local Izakaya was ¥220. Yen Dollar rate was ¥265/$100
Now at the same place the same bottle of beer is ¥600. Yen Dollar rate is $1.00/¥106.
Doesn't that appear to be not deflation but rather inflation?