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How the weak yen is affecting ordinary households

We like to think, in the teeth of much evidence to the contrary, that we’re masters of our fate, that as we sow so we reap, that life gives us back what we put into it, and so on. Consider, however, the sinking yen. What the COVID-19 pandemic left standing… ....

United States , Hiromichi Akiba , Tomoyuki Isoyama , Shukan Gendai ,

As Japan enters recession, some young workers are leaving Tokyo to earn more in Australia

As Japan enters recession, some young workers are leaving Tokyo to earn more in Australia
abc.net.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc.net.au Daily Mail and Mail on Sunday newspapers.

New South Wales , United States , Shoma Tanaka , Hiromichi Akiba , Takahiro Toyama , Norihiro Yamaguchi , Yumi Asada , Department Of Home Affairs , Home Affairs , Oxford Economics ,

Tokyo supermarket stocks more chicken for inflation-weary shoppers

Hiromichi Akiba is stocking his Tokyo supermarket with more chicken because customers who used to buy beef are switching to cheaper meat as rising prices put a squeeze on their spending, his business and Japan's economy. Japan unexpectedly fell into recession at the end of last year as domestic consumption, which accounts for more than half of the nation's economy, faltered. The 0.4% fall in economic output on an annualised basis in the three months to December means that Germany, rather than Japan, is now the world's third-biggest economy behind the United States and China. ....

United States , Harumitsu Moriyasu , Hiromichi Akiba , Kim Coghill , Chris Gallagher , Tim Kelly , Motoyuki Shikata , Chief Strategy Officer Motoyuki Shikata , Japanese Yen ,

Households cut spending on food due to rising cost of living | The Asahi Shimbun: Breaking News, Japan News and Analysis

The rising cost of living is causing more and more households to cut back on food expenses, with many opting for chicken as a budget-friendly alternative to expensive beef. ....

Moe Nakahama , Hiromichi Akiba , Itochu Research Institute Inc , Nerima Ward , Itochu Research Institute , Asahi Shimbun ,