Japan inflation slows in December as energy bills fall

yen bouncing back?

Give me a break, right now 1 dollar is about 148 yens.

And not going to strengthen in the long term, as wages and production cannot follow the pace.

Japan- blind leading the blind.

My observation is that inflation has hit processed junk food very hard. A bag of chips at 100 yen or so is 1/3 full now. On the other hand my beer and homemade chicken wings are pretty much the same price. I can do with out processed food.

As long as the largest corporations continue to take in big profits and the stock market reaches new highs the interest rates won’t be changing. Clearly the govt cares more about the health of the corporations than its citizens. It’s obvious those old dinosaurs care little about the future of Japan.

While rising inflation might be good for the economy, surely if all that money is going to energy and imports then it is a bad thing?

@Johnathan

The problem appears to be that the US dollar is strong, not that the rest of the world's currencies are weak.

All currencies are weak - look at the gold chart against any of them

While rising inflation might be good for the economy,

I think that notion is nonsense, I am sure the economista that came up with that must have had a big mortgage or something.

Stable money is like having a stable measure of distance. It’s just that - a measure. Shrinking the measure is just a way of screwing some people at the expense of other people.

Prices in the world's third-largest economy, excluding fresh food, rose 2.3 percent year-on-year in December, down from 2.5 percent the previous month.

A very good news indeed.