[HN Gopher] The case of Japan's curiously quiescent inflation rate
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       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.
        
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       (page generated 2021-11-22 23:00 UTC)