INSUBCONTINENT EXCLUSIVE:
2020, Japan has faced nine straight quarters of worsening trade.Import costs shot up by 60.7%, but exports only grew by 27.7%
High inflation, peaking at 4.3% in January 2023, crushed consumer spending.To help, the government gave subsidies to oil and gas companies
and even stepped into currency markets in late 2022 for the first time since 1998.Yet another issue exists
Alternative calculations suggest real inflation is higher.For example, a Bank of Japan survey showed people feel prices are rising much
As a result, much-needed, long-term economic reforms are still on hold.In simple terms, Japan faces a tough economic puzzle.It has to fix
bad trade, get real about inflation, and stabilize its currency
With the world changing fast, acting now is more important than ever.
