yen depreciation


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

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,

TOE Alert: Real Wages Fall Again in January

In January, real wages in Japan were down 1.5% from a year earlier, whereas in the middle of 2014, they had been down as much as 3.5%