Skip to comments.Japanese Inflation Holds Near 23 Year Highs As Food, Energy, & TV Costs Soar
Posted on 07/24/2014 4:59:38 PM PDT by Leaning Right
Japanese CPI printed 3.6% in June, modestly down from May's 3.7% YoY, but hotter than the expected 3.5% YoY analysts predicted. If you don't eat food or use energy then inflation merely bit 2.3% of your income this year but if you did then you may have noticed that energy costs are 9.1% higher YoY, TVs +8.0%, and Food +4.1%
(Excerpt) Read more at zerohedge.com ...
The desperately need it as they have been in a deflationary spiral for 20 years.
Nooo! Where's my old WIN button?
Abenomics ... this must mean it’s working. /S, I think.
Imagine the outrage there if instead their WHOLE MEDIA was screaming on a DAILY BASIS about how THERE IS NOOOOO INFLATION.
And about green shoots.
And about the Wonderful Economic Recovery.
I’ll bet you CAN imagine that, right?
Imagination is a very powerful thing. I've been imagining that every restaurant I go to has recently printed new menus with higher prices. And I'm imagining my money disappears faster after grocery shopping. I'm hoping for change, for the better.