BOJ sticks to its guns despite inflation, but consumers aren’t so tolerant

As Japanese consumers have increasingly noticed the price hikes of their bills and their favorite products over the past few months, the issue of inflation has crept onto the political agenda and put pressure on the government. But one organization does not seem to express quite the same level of concern: the Bank of Japan.

Hit by soaring import costs, more companies are expected to raise prices in the coming months as there are no signs of a slowdown in commodity prices and the value of the yen has continued to rise. decline, adding to inflationary pressure.

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