[HN Gopher] The case of Japan's curiously quiescent inflation rate ___________________________________________________________________ The case of Japan's curiously quiescent inflation rate Author : paulpauper Score : 13 points Date : 2021-11-22 22:27 UTC (32 minutes ago) (HTM) web link (www.economist.com) (TXT) w3m dump (www.economist.com) | xt00 wrote: | Beside the demographics, another aspect is that even with low | birth rates, salaries in Japan don't seem to have much growth | over the past say 20 years, and you are starting to see trends to | have companies work lower hours -- which likely will see either | flat GDP or potential lower GDP. Japan has been hit with a ton of | competition in many big industries by their neighbors like China, | South Korea, Taiwan, and others. So I don't personally have any | information, but I could guess that with those prevailing forces | / trends being well known in Japan, I wonder if many brands are | willing to accept smaller margins to avoid passing on costs to | consumers, or something similar? Would be great if anybody knew | more details -- like if you produce some goods in Japan, do you | see that costs are rising, but do not want to increase prices? | MR4D wrote: | To me, this is Example #1 in the proof that demographics is a big | driver of inflation (or deflation). | UncleOxidant wrote: | Demographics. An aging population with little or no immigration. ___________________________________________________________________ (page generated 2021-11-22 23:00 UTC)