business

Japan inflation ticks up as oil rises but BOJ target remains elusive

5 Comments
By Leika Kihara

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5 Comments
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Japan is still waiting for blood to drip from the stone. People won't (can't!) spend until real economic and labor reforms are made.

Watching these people be intentionally obtuse is like repeatedly headbutting a brick wall!

1 ( +2 / -1 )

The average Japanese consumer saves money when the economic outlook is weak. But the thing to watch out for is over the course of the next year, there will be an increase in spending on big ticket items, and as we get closer to the rise in the consumption tax, perishable goods as well.

The BOJ and government will use those months of increased spending data to support and justify the consumption tax increase.

Another thing to watch is for reports from the government predicting a rosy economic outlook from the last quarter of this year and into the first 3 of next year, because it is predictable that people will spend before the increase.

Expect a sharp drop in the economy in the latter half of next year!

8 ( +8 / -0 )

Inflation is going to tick up another 2% from next April, and consumers are going to have to tighten their belts even further. There has not been a real increase in take home pay for more than 30 years, when the tax rate was 3%.

5 ( +5 / -0 )

Ain't got it, can't spend it, and they just don't get it! It's too complicated for these buffoons.

4 ( +4 / -0 )

To be quite honest: I (personally) don't care whether it's in- or deflation.

As long as I have more money in my wallet. Everything else is just talk.

The economy (not only in Japan!!) is down and it will not get better in the months and years to come.

-1 ( +1 / -2 )

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