Inflation, or rather the lack of it, has been the defining trait of the Japan economy for the past several decades. Despite the Abe administration’s efforts to ignite inflation, thanks to the falling oil price, price growth has remained lackluster, but there are signs that this is about to change according to a new research note from analysts at investment bank Nomura.
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Labor Flexibility Cause Of Low Japan Inflation?
According to the analysts, Japan’s...
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