Japan economics thread.

[henrik]

Just on paper. Japan has twice the population and much more industry than Germany. Just compare the shipbuilding and space sectors of both countries for example.

Germany with 80mil and Japan with 120mil, where is twice the population?

 

[gelgoog]

Ok, 50% higher. Japan still has way more economic heft than Germany.

 

[luminary]

USDJPY now at 143. That's really quite a turnaround since over160 as recently as 11th July.

You could have made quite a bit of money if you bought yen earlier this year. Or done forex spread betting if you know what you're doing.


With the current PM stepping down,

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Sputnik

 

[siegecrossbow]

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[Staedler]

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Their national consumption was 9257 thousand metric tons in 2021. They specifically point out the increased number of foreign tourists consuming +31 thousand metric tons as a cause for the increase in rice prices.

That's a 0.3% increase in consumption from tourists being blamed for 10-20% increase in rice prices.

Classic Japan

 

[KampfAlwin]

Their national consumption was 9257 thousand metric tons in 2021. They specifically point out the increased number of foreign tourists consuming +31 thousand metric tons as a cause for the increase in rice prices.

That's a 0.3% increase in consumption from tourists being blamed for 10-20% increase in rice prices.

Classic Japan

What tourist is willing to bring back what I assume is 5-10kg bags of rice that will eat into their weight allowance??

 

[antiterror13]

Their national consumption was 9257 thousand metric tons in 2021. They specifically point out the increased number of foreign tourists consuming +31 thousand metric tons as a cause for the increase in rice prices.

That's a 0.3% increase in consumption from tourists being blamed for 10-20% increase in rice prices.

Classic Japan

well to be fair the price and demand curve is not normally linear ... increase 5% demand not necessarily increase 5% in price (not the case in most time)

 

[tygyg1111]

Their national consumption was 9257 thousand metric tons in 2021. They specifically point out the increased number of foreign tourists consuming +31 thousand metric tons as a cause for the increase in rice prices.

That's a 0.3% increase in consumption from tourists being blamed for 10-20% increase in rice prices.

Classic Japan

 

[tphuang]

https://twitter.com/i/web/status/1840539676861411678

very interesting. I figure de-industrialization of japan probably isn't as bad as Germany. But it's hard to imagine the Chinese EV transition not affecting Japan's manufacturing sector.

 

[siegecrossbow]

https://twitter.com/i/web/status/1840539676861411678

very interesting. I figure de-industrialization of japan probably isn't as bad as Germany. But it's hard to imagine the Chinese EV transition not affecting Japan's manufacturing sector.

It is hurting Japanese auto sales in China but not around the world. In fact Toyota is still generating record revenue globally.