deflation

Japan prices fall in March as deflation drags on
Staff at Hamaya department store in Omura, Nagasaki Prefecture, see customers off on the last business day of the franchise on March 31. (Asahi Shimbun file photo)
Japan reports its consumer price index fell 0.9 percent in March from a year earlier, resisting an onslaught of monetary easing and stimulus spending meant to free the economy...
BOJ chief says Japan economy on the mend
Bank of Japan Governor Haruhiko Kuroda (Asahi Shimbun file photo)
Japan's economy has stopped weakening and should show signs of recovery by midyear, the newly appointed central bank governor said on March 28, as weaker-than-expected retail...
ANALYSIS: Ending deflation no easy task for new BOJ ...
Haruhiko Kuroda talks to reporters after becoming confirmed as Bank of Japan governor on March 21. (Teruo Kashiyama)
Newly installed Bank of Japan Governor Haruhiko Kuroda faces many hurdles as he sets out to achieve a target of 2-percent inflation two years from now.
ANALYSIS: Kuroda in gamble with vow to 'do...
Haruhiko Kuroda (Asahi Shimbun file photo)
Haruhiko Kuroda, the newly approved governor of the Bank of Japan, is taking a major gamble by promising to do everything possible to lift the Japanese economy out of a...
EDITORIAL: Companies must see the perks of wage...
A staff member of the Japan Council of Metalworkers’ Unions writes replies from its member companies on a whiteboard in its headquarters in Tokyo on March 13 in the ongoing spring labor offensive. (Ryo Kato)
There are signs that this year's "shunto" spring labor negotiations are shaping up to become a major turning point in the wage trend in this country.
Economic adviser: Coming months crucial if...
Koichi Hamada, special economic adviser to Prime Minister Shinzo Abe (Kiyoshi Okonogi)
The coming 12 months will be crucial in determining if the Japanese economy can expunge its deflationary state, according to Koichi Hamada, a Yale University economics...
EDITORIAL: Japan's economy should not rely on weak...
Prime Minister Shinzo Abe, seated second from right, meets with business leaders to ask them to increase the wages of  Japanese workers on Feb. 12, as part of the effort to lift the nation out of deflation. (Shiro Nishihata)
The Bank of Japan upgraded its economic outlook on Feb. 14. While the growth rate for the October-December 2012 period in real terms dropped from the previous quarter, the...
EDITORIAL: Government-BOJ cooperation is fine, up...
Prime Minister Shinzo Abe answers a question from a reporter about the joint statement in his office in Tokyo on Jan. 22. (Teruo Kashiyama)
On Jan. 22, the government and the Bank of Japan issued a joint statement declaring they would pursue "policy cooperation" to try to end deflation.
UPDATE: Bank of Japan sets 2% inflation target
The Bank of Japan head office in Tokyo (Asahi Shimbun file photo)
Prime Minister Shinzo Abe declared a “monetary regime change'' on Jan. 22 as the central bank bowed to government pressure, setting a 2-percent inflation target aimed at...
Two likely BOJ governor candidates call for further ...
Kazumasa Iwata, president of the Japan Center for Economic Research, speaks at the Japan National Press Club in Tokyo on Jan. 16. (Yukio Hashimoto)
Two men seen as likely candidates to succeed Masaaki Shirakawa as governor of the Bank of Japan in April are both calling for further monetary easing measures to end deflation.
Japan needs to open its door to foreigners to...
The other day, I watched a TV program showing an amateur singing contest. The amateur singers appearing in the program all performed J-Pop songs surprisingly well. I was...
INSIGHT: Team Abe to focus on economy, work on...
The Asahi Shimbun
Prime Minister Shinzo Abe assembled his Cabinet with the primary goal of resuscitating the economy, but he also picked allies to lay the groundwork for conservative objectives, ...
EDITORIAL: Dangerous mix of fiscal and monetary...
Incoming Prime Minister Shinzo Abe has said the defining theme for his administration, to be inaugurated this week, will be pulling the Japanese economy out of deflation.
ANALYSIS: Economic report emphasizes difficulty in...
A shopper in Yamanashi Prefecture searches for the best deal in groceries. (Asahi Shimbun file photo)
The government’s pessimistic monthly economic report underscores the difficulties Japan still faces in its decade-long effort to end deflation.
INTERVIEW: Ex-BOJ deputy governor proposes fund to...
Kazumasa Iwata (Photo by Motooki Hayasaka)
Calls are increasing for economic stimulus measures that can finally lift the Japanese economy out of the deflationary spiral that has hindered growth.
Gloomy BOJ predictions threaten planned tax hike
BOJ Governor Masaaki Shirakawa, left, and Seiji Maehara, minister in charge of economic and fiscal policy (Asahi Shimbun photos)
Japan may need to delay a planned hike in consumption tax if a new forecast of persistent deflation by the Bank of Japan bears out.
EDITORIAL: Political parties must not let deadlock...
For the second straight month, the Bank of Japan decided on Oct. 30 to take additional monetary easing measures to prevent a sharp downturn in the Japanese economy.
BOJ reports impact of China spat and economic...
Price cuts in 700 items are advertised at a supermarket of the Seiyu GK chain in Tokyo's Sugamo district on Oct. 22. (Haruka Takashige)
The Bank of Japan has revised its assessment of business conditions across much of the nation, amid the double blows of China's economic slowdown and an anti-Japan backlash by...
POINT OF VIEW/ Kiyoshi Okonogi: Japan’s battle to ...
Kiyoshi Okonogi (Photo by The Asahi Shimbun)
Bank of Japan Governor Masaaki Shirakawa indicated April 27 that he expects the Japanese economy to finally pull itself out of the deflationary hole in which it has been...
ANALYSIS: Political debate on taxes pushed BOJ to...
BOJ Governor Masaahi Shirakawa answers questions from reporters on April 27. (Kazuhiro Nagashima)
Caught in the crossfire from both sides in the battle over tax hikes, the Bank of Japan succumbed to political pressure in announcing its latest monetary easing measures.