The recent jump in crude oil prices will give a significant lift to inflation in Japan, taking it somewhat closer to the Bank of Japan’s target, but only for a short while. For a large net energy importer, higher prices are inevitably a headwind to growth, but the economy is well-placed to deal with the strain.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.