business

Japan's July core inflation hovers at two-year low, adding pressure on Bank of Japan

9 Comments
By Daniel Leussink

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© (c) Copyright Thomson Reuters 2019. Click For Restrictions - https://agency.reuters.com/en/copyright.html

©2024 GPlusMedia Inc.

9 Comments
Login to comment

what ever happened to the 2% that abenomics and kuroda promised years ago?

6 ( +6 / -0 )

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.

7 ( +7 / -0 )

Gobalization and the modern "free market" economy are inherently deflationary. Get used to it.

1 ( +2 / -1 )

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.

2 ( +3 / -1 )

All those in Japan will soon be paying a tax to the government in order to possess savings...

5 ( +5 / -0 )

And they are still going to raise the taxes to 10% next month?

4 ( +4 / -0 )

How about the government take the lead to decentralize outside of Tokyo? There would be a massive building boom in the satellite locations.

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

2 ( +2 / -0 )

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?

0 ( +0 / -0 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites