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© KYODOJapanese firms step up spending by 3.4% in July-Sept
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© KYODO
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kurisupisu
Consumption in Japan is decreasing though-good!
sakurasuki
No, they increase spending because they need many raw materials from abroad where they need to be paid in dollar. Weak yen, that more yen need to be spent for same dollar amount before pandemic. Beside that need to pay for increasing price that happen globally.
Asiaman7
I agree with @sakurasaki. How much of this is attributable to the 13% weakening of the yen in 2023?