Asian News

23 Mar 06-Reuter-Deflation in Japan.

I personally don't think that deflation is going away in Japan this year. The companies in Japan are becoming very competitive and it will very hard for them to pass on the price increases to the Japanese consumers. There are many new dollars stores these days in Japan which are bringing down the prices of everyday goods. So, its win win for the Japanese Consumers. And I think that the Japanese consumers will look for a better buy than pay for an overpriced items like in the bubble era ten years ago.

For addtional info, see:

http://yahoo.reuters.com/news/NewsA...06-03-23_08-47-43_T117013&related=true&rpc=44
 
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