« Back To Quote of the Day Top

print

The wave of price increases is gradually spreading through the economy, but companies can only pass on part of those costs because demand remains weak.

Monday 16th June, 05:18 AM JST

Yoshimasa Maruyama, a senior economist at BNP Paribas SA in Tokyo, responding to the rise in the wholesale inflation rate. Producer prices rose 4.9% this year and in May they reached a 27-year high. (Bloomberg)

› Login to comment

2 Comments

  • westurn at 12:40 PM JST - 17th June

    Demand is weak because you are not offering consumers what they want ! I had a BBQ this past weekend and served American steaks and burgers I got at Costco. While I was there I couldn't help but notice (A) how quickly these beef products were being sold, and (B) how succesful Costco is in relation to other stores in Japan. I have argued vehemently for more importing by Japan... yet they fail to do so, at the risk of their own economy. So be it ! Hard to sympathize with a nation that insists on cutting off its nose to spite its face.

  • capone at 06:45 PM JST - 17th June

    an intelligent, realistic remark about economics coming from japan...never thought i'd see the day

Register or Login to leave a comment

Username:
Password:

› Forgot Password?