Inflation in Japan rises 2.7% in November

Inflation in Japan rises 2.7%

enough of the obvious.

Wake us up, only when minimum wage goes up.

So Abenomics finally working with monthly successive rates surpassing the targeted 2.0%.

Everyone - Happy Days are Here Again.

Feel the Breeze.

I am not an economist, but I think inflation is a lot higher than 2.7%. The Land of the Rising Sun has become the Land of Rising Prices.

As Japan imports so much of it food and refuses to protect the yen then we had better get used to inflation and price rises.

Inflation keeps going up. I dont think "very competent" BOJ will raise interest rate next year either. So JPY, may you fly high next year too! Aim for 180 against USD.

Rice prices continued to soar, with the data showing an on-year increase of around 64 percent 

What JGovt really do about this?

prices rising 2.7 percent on-year

I think it would be more accurate to say 2.7% per month.

Chance of an 'emergency' rate hike in last trading days of year, along with $selling by BOJ more and more possible, as Japan continues to struggle with risk of rising tariffs and collapsing auto sector weighing on the Yen, along with massive, continued capital outflows

But hey, Merry XMAS!

"We anticipate two more rate hikes in 2025."

Please stop. This is hurting my floating interest rate mortgage and likely millions of others as well who didn't receive a salary increase. Now I have to pay more for my house even though the value didn't go up. Lucky for me I didn't go and get anything fancy but I can't imagine those who chose to buy for over 45 million yen. Your new rate hike likely has you paying extra that exceeded the value of a new car.

raising prices and blaming the US is not a strategy. does anyone in this country know anything about running an economy?

Remember, guys. They only want inflation to inflate the national debt away. Ignore all the rubbish about debt and future generations, and we must reduce it. They've been saying it for decades..if not centuries. The US had its first debt in 1775, the UK in 1694, and Japan's first debt in 1880. So, the only reason the politicians want inflation is to inflate the debt. Then, they will borrow again, wait 40 years for the bonds to mature, and then repay it. Then the rinse and repeat. But we think we are getting richer they want out salary to go up. So, do we feel any better than we did in the 1980s? Especially in the U.S. Do the average workers feel they earn more per hour? or is it just money based on the value of their homes? Why is salary inflation seen as bad and must be stopped, but house inflation, and economic inflation is good. I think it's all just double-speak.

Don't always cry like little babies. Of course there are phases of deflation, stagnancy or inflation. Abiding and living with and according to the current situation, that is the only way to get through and then further on.

as Japanese Yen is falling down too much

and Gold is the BEST HAEVEN now. USD is losing by itself too.

So, more pain to come in 2025 then…

GOOD news is there is NO reason to be Optimistic for Japan in particular. So just maybe all the bad news is priced-in, and we can be pleasantly surprised in 2025!!!

Naturally, one never knows, but while we can't control Inflation, we can control our attitude = Keep It Positive!

two percent inflation target, set more than a decade ago as part of efforts to boost the stagnant economy.

Having a policy of stealing from people the value of their money is not a good way to “boost the stagnant economy”, but it has given us stagflation. Yippee.

"Despite the pause, the BOJ appears determined to tighten policy further,"

They seem completely scared to do such a thing. Rightly so because the government needs to come up with some genuine economic boosters to assist, yet the only thing they know how to do is spend BOJ printed money.

Japan and Argentina are swapping places, Argentina’s stock market has been on fire this year, ever since Milei was elected. Japan’s leaders should take note. We need some “far right” leadership here to fix things up.

What JGovt really do about this?

Deregulate the rice production sector. Problem solved.

Please stop. This is hurting my floating interest rate mortgage and likely millions of others as well who didn't receive a salary increase. Now I have to pay more for my house even though the value didn't go up.

Thank you for illustrating the stupidity of Japan’s policy mix. Hiking rates is what you do when you want to slow the economy down, but that’s not a problem Japan has, is it.

Lucky for me I didn't go and get anything fancy but I can't imagine those who chose to buy for over 45 million yen. Your new rate hike likely has you paying extra that exceeded the value of a new car.

Ouch.

You could always refinance with a fixed rate mortgage and say goodbye to the interest rate risk. Who knows how high the floating rates might go if the BOJ is forced to defend the value of the yen through rate hikes.

Even if rates were higher here than abroad I’ll still keep my money elsewhere. Turkey has high interest rates, but I don’t keep my money there.

You could always refinance with a fixed rate mortgage and say goodbye to the interest rate risk. Who knows how high the floating rates might go if the BOJ is forced to defend the value of the yen through rate hikes.

might be something to consider. I was thinking we're all safe from exceeding the fixed rate since the majority (about 70-80% I can't remember) of personal loans are floating. A substantial rate hike could be detrimental in this sector and we may see a lot of people default in the future.