Financial Times (July 23)
2026/ 07/ 24 by jd in Global News
“Japan is now behaving like a country that has emerged from a malaise once considered incurable. Deflation now seems consigned to the past. The output gap has closed. Pricing power has returned to parts of the economy that have not known it for years…. The scale and significance of the alteration are remarkable. No country of Japan’s economic size has spent anything like as long in the grip of falling prices and none has emerged with anything like its suite of unknowns as it returns to a still unspecified ‘normal.’”
Tags: Deflation, Economy, Emerged, Japan, Malaise, Normal, Output gap, Pricing power, Remarkable, Scale, Significance, Unknowns
