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The threat of stagflation in Japan too: the Ukraine crisis

2022-03-21 | Japan: Foreign affairs

 

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It is reported that as the shadow of "stagflation," a combination of high prices and economic deterioration, looms over major countries in the wake of the Ukraine crisis, there are concerns that it will hit Japan, a resource importer.

Although the current rate of price increases has not risen as much as in Europe and the United States, the rate of price increases may be accelerated to the Bank of Japan's policy target of 2% after April, and there has already been a series of price hikes for food and other goods.

https://youtu.be/iuowshSvvf0



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