Japan’s core consumer inflation accelerated to a 40-year high in October, driven by currency weakness and imported cost pressures that the central bank shrugs off as it sticks to a policy of ultra-low interest rates

5 comments

1. Abenomics has failed. The central bank did its part, but the government failed to fulfill its role in increasing wages and taxing corporations.

2. What can we do?

3. Took them long enough tbh

4. Did the inflation affect the consumer prices or is it purely costs of production?

5. How do the Japanese even get to live with such low wages?