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Why is Japan’s inflation so low?
Consumer price inflation rose 3.0% YoY in August, and we look for headline inflation to stay above 3% for the rest of the year – but that's probably the highest it can go. We think a lack of demand-side pressures is a key reason for low inflation. With little sign of improvement in household income, CPI inflation will likely fall below 2% next year. Japan's inflation is low by global standards: The global economy is now at war with high prices. Although prices in major economies appear to be passing or nearing peaks, inflation remains at an elevated level in many countries. The main reasons for this are: 1) ... (full story)
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- Posted: Sep 20, 2022 10:23pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 759
