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Times of Japan > News > Inflation gnaws at Japanese consumers and companies
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Inflation gnaws at Japanese consumers and companies

Staff
Staff Published August 21, 2022
Last updated: 2022/08/21 at 6:40 PM
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With the inflation rate accelerating, price hikes are doling out further damage to the wallets of Japanese consumers.

Amid fears of subdued consumption and more corporate bankruptcies, the government is prepping additional price hike measures, but the effect will likely be limited.

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KEYWORDS

inflation, Japanese economy

Staff August 21, 2022
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