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April 28, 2024
 

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DEFLATION

Japan Times
BUSINESS / Economy / Longform
Nov 22, 2021
Deflation generation: Japan’s budget-minded consumers keep price hikes in check
Decades of stagnant wages and low prices have ingrained a “deflationary mindset” into shoppers who are hesitant to spend more, thwarting policymakers' efforts to fan inflation.
Japan Times
COMMENTARY / Japan
Jan 24, 2019
Give the BOJ a break
The central bank is buffeted by the same factors as its global peers — and homegrown challenges that are tougher to tackle.
COMMENTARY / Japan
Nov 2, 2018
The BOJ is too focused on 2% inflation target
For the central bank, failure can be an opportunity.
Japan Times
JAPAN / History / Defining the Heisei Era
Jun 23, 2018
Defining the Heisei Era: Japan experiences a hangover
The Japan Times presents the second installment of a monthly 12-part series that looks back at the leading issues of the past three decades.
Japan Times
BUSINESS
Mar 6, 2018
Convenience-store squeeze shows deflationary dilemma facing Bank of Japan
Takanori Sakai works the graveyard shift four nights a week at the FamilyMart store he owns in Himeji, Hyogo Prefecture, because he can't afford the higher pay employees demand these days.
Japan Times
COMMENTARY / Japan
Jan 26, 2018
Moment of truth for the Bank of Japan
The BOJ continues to provide significant stimulus to the economy, but with inflation still well below target the central bank finds itself between a rock and a hard place.
BUSINESS
Jan 18, 2018
Strong wage growth key to beating deflation, Japanese government says in report before corporate wage talks
Japan has entered a new phase in its fight against deflation, but stronger wage growth and improved productivity are needed if the economy is to turn the corner, the Cabinet Office said in a report released Thursday.
Japan Times
BUSINESS
Oct 26, 2017
Osaka's ¥1 sales energize shoppers but not good for BOJ's inflation quest
Osaka is famed for it's cheap prices, with ¥1 supermarket sales, ¥10 drinks and discount train tickets sold right next to the station. That attracts thrifty consumers and tourists, but may be undercutting the central bank's efforts to generate sustained price rises.
Japan Times
COMMENTARY / Japan
Jul 23, 2017
Japan's struggles are hardly unique
Victory in Japan's battle with too-low inflation looks as elusive as ever.
Japan Times
BUSINESS / Economy / FOCUS
Apr 16, 2017
Frugal households offer no respite for BOJ, retailers
Naruhito Nogami, a 37-year-old systems engineer in Tokyo, drives to discount stores on weekends to buy cheap groceries in bulk, even though he earns enough to make ends meet and the prospects for Japan's economic recovery are brighter.
Japan Times
JAPAN
Feb 24, 2017
'Premium Friday' drive kicks off to energize weary workers, feeble economy
The government-backed "Premium Friday" campaign kicked off on Friday with around 130 participating firms across the country encouraging employees to leave work early on the last Friday of each month.
Japan Times
COMMENTARY / Japan
Feb 20, 2017
Economic tools lose their edge
The maturing of the market economy has eliminated the ability to control the economy by way of fiscal and monetary policies.
BUSINESS / Economy
Feb 17, 2017
Japan quietly reflates, buying time for reckoning with debt
Hidden beneath the headlines about Japan's continual failure to reach its inflation target is a quiet reflation of its economy.
Japan Times
BUSINESS
Dec 15, 2016
Bank of Japan tries financial education where a mound of money failed
Having spent more than three years and trillions of dollars in a losing battle against deflation, the Bank of Japan is hoping that a little financial education will convince a nation of inveterate savers to put their cash to better use.
Japan Times
BUSINESS
Dec 12, 2016
Amamiya, aka 'Mr. BOJ,' shapes central bank policy behind the scenes
Masayoshi Amamiya is viewed as so essential to operations at the Bank of Japan that he's known inside the central bank as "Mr. BOJ."
BUSINESS / Economy
Dec 12, 2016
Japan's wholesale prices decline for 20th month straight
Wholesale prices dropped 2.2 percent in November as lower oil prices helped drag the downtrend into its 20th consecutive month, Bank of Japan data showed Monday.
EDITORIALS
Nov 29, 2016
Wage hikes vital to sustained growth
Companies must to better at raising the wages of their employees.
Japan Times
BUSINESS / Economy
Nov 25, 2016
Retailers turn deaf ear to Kuroda's inflation pledge
While Gov. Haruhiko Kuroda's vow to overshoot the Bank of Japan's 2 percent inflation target caused a stir among monetary policy watchers in September, it's yet to have an impact among retailers.
EDITORIALS
Nov 7, 2016
The 'deflation mindset'
The government must boost consumer confidence if it wants to bust deflation.
Japan Times
BUSINESS
Nov 7, 2016
Poll finds 14% of Japanese adults living alone have no cash in the bank
Fourteen percent of Japanese adults living alone have no money in the bank to guard themselves for rainy days, according to a recent survey of several thousand people by the nation's Central Council for Financial Services Information.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Number of homeless in Japan hits record low
Homeless people sleep on the street in Tokyo's Shinjuku Ward in August 2021.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Air China to buy 100 locally made C919 jets in $11 billion deal
A Comac C919 during an aerial display at the Singapore Airshow at Changi Exhibition Centre in Singapore in February
Casa del Cibo: A thriving jewel born from Tohoku’s harsh past
When chef Ryohei Ikemi moved to Hachinohe, Aomori Prefecture, and opened Casa del Cibo in 2011, it was the first proper Italian restaurant in the city.
Tokyo's Koto Ward by-election a race unlike any other
Natsumi Sakai, the Constitutional Democratic Party of Japan’s candidate and one of four female candidates running in the by-election, touts her experience as a cancer survivor and midwife as having prepared her to tackle issues that women currently face.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Top U.S. and China diplomats talk tough amid warnings of new ‘downward spiral’
U.S. Secretary of State Antony Blinken and China's Foreign Minister Wang Yi at the Diaoyutai State Guesthouse in Beijing on Friday

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
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Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores
By Alex K.T. Martin

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