TOE Alert: The Cost of the Weak Yen: 5% of Gross Domestic Income

posted by Richard Katz on May 05, 2015

Found in Japan, categorized in Macro

Tags: TOE Richard Katz yen depreciation

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So, certainly, the falling yen of the past couple years is not the only cause of falling real incomes. Rather, it adds more straws on an already-overburdened camel’s back.


The 30% depreciation of the yen could be lowering Japan’s standard of living by as much as 4-5%, according to the GDP figures.

About Richard Katz

Richard Katz

Richard Katz is Editor of The Oriental Economist Report, a monthly newsletter on Japan, as well as the semi-weekly TOE Alert e-mail service on Japan, and is also a special correspondent at Weekly Toyo Keizai, a leading Japanese business weekly.

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