Japan’s consumer prices rise 3.1% in July in blow to households

7 comments

1. That’s without calculating the shinkflation of products.

2. The pain is pronounced by how salaries aren’t keeping up with inflation.

3. I can get drunk for the price of an apple.

4. Don’t fret, that’s why we all get cost of living raises every year

5. I’ll just have to consume 3.1% less…

6. The numbers by category are a little different than the 3.1% in the article title:

   > Food prices jumped 9.2 percent while durable goods saw a 6.0 percent increase.

   > Service prices increased 2.0 percent, marking the sharpest gain in roughly three decades without the effects of past consumption tax hikes, after price hikes were largely seen among goods.

   > Accommodation fees jumped 15.1 percent during the summer holiday season, partly because of some curtailment of government subsidy programs aimed at spurring tourism in the aftermath of the COVID-19 pandemic.

   > Mobile communication fees surged 10.2 percent, accelerating at the fastest pace since comparable data became available in 2001.

   Ouch.

7. I really don’t care as long as I’m not the only one being screwed over. Thinking that you are poor just makes you unhappier