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August 17, 2026
 

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DEFLATION

Japan Times
BUSINESS / Economy / Longform
Nov 22, 2021
Deflation generation: Â鶹´«Ã½ budget-minded consumers keep price hikes in check
Decades of stagnant wages and low prices have ingrained a ¡°deflationary mindset¡± into shoppers who are hesitant to spend more, thwarting policymakers¡¯ efforts to fan inflation.
Japan Times
COMMENTARY / Japan
Jan 24, 2019
Give the BOJ a break
The central bank is buffeted by the same factors as its global peers ¡ª and homegrown challenges that are tougher to tackle.
COMMENTARY / Japan
Nov 2, 2018
The BOJ is too focused on 2% inflation target
For the central bank, failure can be an opportunity.
JAPAN / History / Defining the Heisei Era
Jun 23, 2018
Defining the Heisei Era: Japan experiences a hangover
The Japan Times presents the second installment of a monthly 12-part series that looks back at the leading issues of the past three decades.
Japan Times
BUSINESS
Mar 6, 2018
Convenience-store squeeze shows deflationary dilemma facing Bank of Japan
Takanori Sakai works the graveyard shift four nights a week at the FamilyMart store he owns in Himeji, Hyogo Prefecture, because he can¡¯t afford the higher pay employees demand these days.
Japan Times
COMMENTARY / Japan
Jan 26, 2018
Moment of truth for the Bank of Japan
The BOJ continues to provide significant stimulus to the economy, but with inflation still well below target the central bank finds itself between a rock and a hard place.
Japan Times
BUSINESS
Oct 26, 2017
Osaka¡¯s ?1 sales energize shoppers but not good for BOJ¡¯s inflation quest
Osaka is famed for it¡¯s cheap prices, with ?1 supermarket sales, ?10 drinks and discount train tickets sold right next to the station. That attracts thrifty consumers and tourists, but may be undercutting the central bank¡¯s efforts to generate sustained price rises.
Japan Times
COMMENTARY / Japan
Jul 23, 2017
Â鶹´«Ã½ struggles are hardly unique
Victory in Â鶹´«Ã½ battle with too-low inflation looks as elusive as ever.
Japan Times
BUSINESS / Economy / FOCUS
Apr 16, 2017
Frugal households offer no respite for BOJ, retailers
Naruhito Nogami, a 37-year-old systems engineer in Tokyo, drives to discount stores on weekends to buy cheap groceries in bulk, even though he earns enough to make ends meet and the prospects for Â鶹´«Ã½ economic recovery are brighter.
Japan Times
JAPAN
Feb 24, 2017
¡®Premium Friday¡¯ drive kicks off to energize weary workers, feeble economy
The government-backed ¡°Premium Friday¡± campaign kicked off on Friday with around 130 participating firms across the country encouraging employees to leave work early on the last Friday of each month.
Japan Times
COMMENTARY / Japan
Feb 20, 2017
Economic tools lose their edge
The maturing of the market economy has eliminated the ability to control the economy by way of fiscal and monetary policies.
BUSINESS / Economy
Feb 17, 2017
Japan quietly reflates, buying time for reckoning with debt
Hidden beneath the headlines about Â鶹´«Ã½ continual failure to reach its inflation target is a quiet reflation of its economy.
Japan Times
BUSINESS
Dec 15, 2016
Bank of Japan tries financial education where a mound of money failed
Having spent more than three years and trillions of dollars in a losing battle against deflation, the Bank of Japan is hoping that a little financial education will convince a nation of inveterate savers to put their cash to better use.
Japan Times
BUSINESS
Dec 12, 2016
Amamiya, aka ¡®Mr. BOJ,¡¯ shapes central bank policy behind the scenes
Masayoshi Amamiya is viewed as so essential to operations at the Bank of Japan that he¡¯s known inside the central bank as ¡°Mr. BOJ.¡±
EDITORIALS
Nov 29, 2016
Wage hikes vital to sustained growth
Companies must to better at raising the wages of their employees.
Japan Times
BUSINESS / Economy
Nov 25, 2016
Retailers turn deaf ear to Kuroda¡¯s inflation pledge
While Gov. Haruhiko Kuroda¡¯s vow to overshoot the Bank of Â鶹´«Ã½ 2 percent inflation target caused a stir among monetary policy watchers in September, it¡¯s yet to have an impact among retailers.
EDITORIALS
Nov 7, 2016
The ¡®deflation mindset¡¯
The government must boost consumer confidence if it wants to bust deflation.
Japan Times
BUSINESS
Nov 7, 2016
Poll finds 14% of Japanese adults living alone have no cash in the bank
Fourteen percent of Japanese adults living alone have no money in the bank to guard themselves for rainy days, according to a recent survey of several thousand people by the nation¡¯s Central Council for Financial Services Information.
Japan Times
BUSINESS / Economy
Aug 25, 2016
As Abenomics loses shine, Â鶹´«Ã½ shoppers seek bargains
Three years of Abenomics, Prime Minister Shinzo Abe¡¯s bold stimulus program, has failed to dislodge a deflationary mindset among businesses and consumers.
BUSINESS / Economy
Aug 24, 2016
Japan needs ?10 trillion in fiscal stimulus in each of next two years, says Abe adviser
Japan should spend ?10 trillion ($99.83 billion) on fiscal stimulus both in fiscal 2017 and 2018 to offset the economy¡¯s lack of demand and eliminate the risk of deflation, an adviser to Prime Minister Shinzo Abe said.
Forty-five meters down, a diver races to record a fleeting moment of WWII history
Kingo Wakasa photographs the kamikaze plane wing section he discovered at the USS Emmons wreck site.
Slowly but surely, Tokyo is becoming a hot spot for chicken rice
One of Singapore's most iconic dishes, the humble chicken rice is given an upscale treatment at a new Marunouchi cafe.
Takaichi drops ¡®remorse¡¯ in her first war memorial address
Prime Minister Sanae Takaichi speaks onstage during a memorial service ceremony marking the 81st anniversary of Japan's surrender in World War II, at Budokan Hall in Tokyo on Saturday.
U.S. to tell partners they must pick sides in AI race with China?
People march as they protest against Pax Silica, a U.S.-led initiative, in Manila on Thursday.
A day in the life of an Asakusa rickshaw driver
Rickshaws are a fixture of Japan's tourist hot spots, but driving them is far from a leisure activity.
How U.S. bombing survey in Japan shed light on civilian sentiments of WWII
Residents are seen walking beside rubble in the city of Utsunomiya, Tochigi Prefecture, in this undated photo taken soon after the end of World War II.
Forty-five meters down, a diver races to record a fleeting moment of WWII history
Kingo Wakasa photographs the kamikaze plane wing section he discovered at the USS Emmons wreck site.
Takaichi needs Aso on her side to solidify position in LDP
Prime Minister Sanae Takaichi attends a Liberal Democratic Party meeting alongside LDP Secretary-General Shunichi Suzuki (left) and LDP Vice President Taro Aso in Tokyo earlier this month
Ikarigata closer to emulating older brother Fujinokawa than many think
The future Fujinokawa (third from left) and Ikarigata (right) compete against each other at ages 5 and 3, respectively.
Where do foreign residents in Japan want to die?
The Yokohama Foreign General Cemetery is one of the few cemeteries in Japan that allows burials, albeit with conditions for the deceased, including foreign nationality and permanent residency in Kanagawa Prefecture.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo¡¯s Shinjuku Ward.
Kabukicho: Tokyo¡¯s ¡®stadium of desire¡¯

Longform

Disaster relief workers Taichi Kato (left) and Seiji Yoshimura enter the collapsed living quarters at Kyuganji temple in Yatsushiro, Kumamoto Prefecture.
What Kumamoto revealed about Â鶹´«Ã½ earthquake readiness
By Alex K.T. Martin

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