this post was submitted on 22 Jun 2024
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On the other hand, the inflation rate in Japan has averaged close to 0% for the past 30 years. Japan used to be considered an expensive country, but now I think it's safe to say that it's cheaper than much of North America and Europe
Which was terrible for Japan’s economy. But they’ve come a long way the past couple of years and their inflation has been in a much healthier range lately. There was a good decade where it was often negative, which is pretty bad.