Report

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

Report Cover

Headline

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.

Abstract

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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