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Elevating stagnant wages is Tokyo’s top priority and anti-deflation tool, necessary in creating a virtuous cycle of rising prices and incomes that boosts economic growth.
Lower household consumption, residential investment and companies’ capital investment all contributed to the 2.9% (annualised) contraction. Although inflation is decelerating…
These policies also foster communication between government and business, labour unions and other stakeholders. Continuity of policy is matched this year by adjustment in response…
The speech notably identified several economic challenges facing the country, ranging from curbing inflation to creating jobs. Marcos registered high approval ratings during the…
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DOI: 10.1108/OXAN-DB280940
ISSN: 2633-304X
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Exports are near all-time highs. Prices have risen solidly for three successive quarters, indicating that Japan's period of deflation and weakly rising prices may be ending.
JAPAN: Economy will struggle to shed export dependence
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DOI: 10.1108/OXAN-ES219999
ISSN: 2633-304X
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Weak consumer spending data had already suggested the decline was coming, and the GDP data bore this out: real household consumption (excluding imputed rent) fell a sharp 3.5%…
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DOI: 10.1108/OXAN-DB202772
ISSN: 2633-304X
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Corporate savings in Japan.
The macroeconomic outlook for Japan.
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DOI: 10.1108/OXAN-DB211219
ISSN: 2633-304X
Keywords
Geographic
Topical
JAPAN: Productivity is key to sustaining solid growth