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Asia PacificRisks to Japan s low inflation skewed to upside, say economists Kaori Kaneko 4 minutes read Risks to Japan s weak inflation outlook are skewed more to the upside, according to a majority of economists polled by Reuters, as rising commodity prices, a weak yen and supply shortages brought on by the global pandemic lift input costs. Some advanced nations have seen inflation tick up on pent-up demand, spurred by the re-opening of economies and a global increase in commodity prices. But any pick-up in Japan s inflation will be modest as weak wage growth, a resurgence in COVID-19 infections and slow vaccine rollouts weigh on consumption, economists said. ....
3 Min Read TOKYO (Reuters) - Risks to Japan’s weak inflation outlook are skewed more to the upside, according to a majority of economists polled by Reuters, as rising commodity prices, a weak yen and supply shortages brought on by the global pandemic lift input costs. FILE PHOTO: A shopper wearing a protective mask pushes a shopping cart at Japan s supermarket group Aeon s shopping mall as the mall reopens amid the coronavirus disease (COVID-19) outbreak, in Chiba, Japan, May 28, 2020. REUTERS/Kim Kyung-Hoon/File Photo Some advanced nations have seen inflation tick up on pent-up demand, spurred by the re-opening of economies and a global increase in commodity prices. ....
Risks to Japan's low inflation skewed to upside, say economists: Reuters poll | WSAU News/Talk 550 AM · 99.9 FM wsau.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wsau.com Daily Mail and Mail on Sunday newspapers.
Japan s COVID crisis reawakens deflation fears as cash hoarding returns Reuters 1/27/2021 By Leika Kihara and Kaori Kaneko Popular Searches TOKYO, Jan 27 (Reuters) - A spike in coronavirus infections in Japan is driving local households to do what they have always done in times of crisis: spend less and save more, stoking fears of a deeper retail recession and grinding deflation. Fifty-year-old Hiromi Suzuki is doing just that having quit her job at a Tokyo novelty store in December after the pandemic hit sales. I try not to spend money, she said, walking her dog in the city. Since I don t go out much, I don t buy cosmetics or clothes any more. ....
Pedestrians wait at the Shibuya crossing near Shibuya Station in Tokyo on Dec. 13 while maintaining social distancing to prevent the spread of infections. (The Asahi Shimbun/ Kazuyoshi Sako) A spike in coronavirus infections in Japan is driving local households to do what they have always done in times of crisis: spend less and save more, stoking fears of a deeper retail recession and grinding deflation. Fifty-year-old Hiromi Suzuki is doing just that having quit her job at a Tokyo novelty store in December after the pandemic hit sales. “I try not to spend money,” she said, walking her dog in the city. “Since I don’t go out much, I don’t buy cosmetics or clothes anymore.” ....