Japan
| Pages | 55 |
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A tale of stubborn deflation and weak growth
Page 55
Growth has been weak in recent years . . .
[ SEE THE GRAPHIC AT THE ATTACHED PDF ]
. . . and the unemployment rate has risen to record highs, with nominal wages falling.
[ SEE THE GRAPHIC AT THE ATTACHED PDF ]
Short-term interest rates have declined to zero . . .
[ SEE THE GRAPHIC AT THE ATTACHED PDF ]
. . . but deflation has continued nonetheless.
[ SEE THE GRAPHIC AT THE ATTACHED PDF ]
Equity prices have fallen to 20-year lows.
[ SEE THE GRAPHIC AT THE ATTACHED PDF ]
Meanwhile, public debt has risen.
[ SEE THE GRAPHIC AT THE ATTACHED PDF ]
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