Consumer prices in Tokyo’s 23 wards rose 2.2% in July, and electricity bills rose 20% as electricity and gas subsidies ended.

Japanese economy
0001Capital Region Tiger ★.Jul. 26, 2024 (Fri) 08:47:18.85ID:GuT/NJJY9
The consumer price index for Tokyo’s 23 wards, which tracks price movements of goods and services consumed at home, rose 2.2% in the preliminary figure as of mid-July. The consumer price index for Tokyo’s 23 wards as of mid-July, which is released before the national index and is seen as a leading index, was 107.4 overall, excluding fresh food, which is highly volatile, up 2.2% from the same month last year. For the full text, see source. Last updated: 7/26 (Fri) 8:42.

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0033Anonymous Donburako.Jul. 26, 2024 (Fri) 09:04:58.05ID:sNYKAe2U0(1/3)
>>1
Thank you Kishida-san!!! Thanks to you, I’m struggling to make ends meet.
0064Anonymous Donburako.Jul. 26, 2024 (Fri) 09:22:52.34ID:ck3OWJvm0
>>1
Rather than reducing government debt, they should cut taxes to protect the lives of the people. Finance bureaucrats should correct their misconception that reducing government debt is in the interest of Japan.
0002Security guard [lv.6].Jul. 26, 2024 (Fri) 08:49:55.93ID:jCMlxSzU0
Let’s cool off at AEON.
0068Anonymous Donburako.Jul. 26, 2024 (Fri) 09:28:40.94ID:89Plnzx50
>>2
You mean Shinonome?
Unlike the countryside, there aren’t many Aeon stores in Tokyo.
0003Anonymous Donburako.Jul. 26, 2024 (Fri) 08:50:29.34ID:12/B/ZGC0
A 50 yen increase in hourly wage is not enough!
0118Anonymous Donburako.Jul. 26, 2024 (Fri) 09:57:16.89ID:iVh1y4a10(1/29)
>>3
You’re unemployed.
0005Anonymous Donburako.Jul. 26, 2024 (Fri) 08:50:43.72ID:l9T2m+jt0
The heatwave has caused electricity bills to skyrocket.
0006Anonymous Donburako.Jul. 26, 2024 (Fri) 08:50:44.64ID:eNoX7Hx+0(1/2)
I’d like to ask someone who really knows about this,
will the weak yen cause small and medium-sized local sash manufacturing companies to lose work? Will they go out of business?
0007Security Guard [lv.7] [Sprout].Jul. 26, 2024 (Fri) 08:51:15.56ID:a2WkBnb20
>>6
I’m busy with the interior window subsidy.
0119Anonymous Donburako.Jul. 26, 2024 (Fri) 09:57:40.48ID:eNoX7Hx+0(2/2)
>>7
That’s for residential use.
0008Anonymous Donburako.Jul. 26, 2024 (Fri) 08:51:15.99ID:TvgwRmeS0
It’s the fault of anti-nuclear citizens.
0009Anonymous Donburako.Jul. 26, 2024 (Fri) 08:51:52.76ID:dAYjLNNp0
Even though the yen has strengthened, there will be no price cuts and record profits will continue.
0010Anonymous Donburako.Jul. 26, 2024 (Fri) 08:51:54.49ID:KAEREeRG0(1/2)
I can’t tell for sure until I check the electricity, but my gas and water bills have been cut in half. They were over 20,000 yen last year, but last month they were down to 10,000 yen. And that’s because my oldest son has left home lol. I used to leave the shower running for an hour or so.
0011Security Guard [lv.6] [Sprout].Jul. 26, 2024 (Fri) 08:53:27.70ID:0FBJATbD0(1/35)
Real wages have fallen for 27 consecutive months.
0013Anonymous Donburako.Jul. 26, 2024 (Fri) 08:54:19.51ID:igWk5swm0
It looks like it’ll reach 2,000 yen this month.
0014Anonymous Donburako.Jul. 26, 2024 (Fri) 08:54:27.72ID:jJ+KrSKt0
Taxes will probably increase even more from now on.
The aging rate will continue to rise until around 2042.
Social security benefits.
79 trillion yen in 2000.
110 trillion yen in 2013.
138 trillion yen in 2023.
190 trillion yen in 2040.
0016Security Guard [lv.6] [Sprout].Jul. 26, 2024 (Fri) 08:56:25.57ID:0FBJATbD0(2/35)
The consumption tax should be abolished.
0017Anonymous Donburako.Jul. 26, 2024 (Fri) 08:56:32.17ID:5QnEhCwZ0
A weak yen is a mistake after all. We need to strengthen our finances and raise interest rates to make the yen stronger.
0021Security Guard [lv.6] [Sprout].Jul. 26, 2024 (Fri) 08:57:57.41ID:0FBJATbD0(3/35)
>>17
The opposite.
0032Anonymous Donburako.Jul. 26, 2024 (Fri) 09:04:51.75ID:WDFjESYo0(1/3)
>>17
Lol, he wants to commit suicide
Strong yen → Loss of competitiveness → Can’t get foreign currency → Loss of credibility → Yen crashes → Can’t recover because industry has been hollowed out by the strong yen
Zimbabwe, Venezuela, and Sri Lanka
Her export industry died, and the lack of foreign currency caused loss of credibility, leading to hyperinflation
A strong yen is the quickest ticket to hyperinflation lol.
0018Anonymous Donburako.Jul. 26, 2024 (Fri) 08:57:22.61ID:AN9QKfwy0
Let’s cool the economy down by raising taxes, this is the Japanese aesthetic.
0020Anonymous Donburako.Jul. 26, 2024 (Fri) 08:57:54.92ID:vMx83ypx0
Electricity bills are rising because the salaries of power company employees and their partner companies are high. Let’s lower wages and lower electricity bills.
0022Anonymous Donburako.Jul. 26, 2024 (Fri) 08:59:07.17ID:nffoziae0
Kishida: “Let’s escape from deflation!”
0023Anonymous Donburako.Jul. 26, 2024 (Fri) 09:00:16.61ID:zadEMNxE0
Let’s get on our knees and beg Russia to sell us its resources.
0024Security Guard [lv.6] [Sprout].Jul. 26, 2024 (Fri) 09:00:54.03ID:0FBJATbD0(4/35)
If we continue at this rate, there will be no Japanese citizens left in five years.
0027Anonymous Donburako.Jul. 26, 2024 (Fri) 09:01:46.41ID:PqXHiSaU0(1/3)
It’s okay because the dividends from the prime Tokyo Stock Exchange companies that I hold are linked to that amount. There’s no need to get excited or upset about stock prices. At a 2% yield, it will double in 36 years.
0029Anonymous Donburako.Jul. 26, 2024 (Fri) 09:03:41.15ID:rjWj7sLu0
If it’s 2%, then that’s what that bald guy at the Bank of Japan had in mind, as expected.
0034Security Guard [lv.6] [Sprout].Jul. 26, 2024 (Fri) 09:05:35.09ID:0FBJATbD0(6/35)
>>29
It’s not a good thing because the price increase isn’t due to increased demand.
0030Anonymous Donburako.Jul. 26, 2024 (Fri) 09:03:57.82ID:0hxT78Bu0(1/10)
I wish they would speed up developing their own power generation rather than manufacturing cars. So that citizens do not have to contract with infrastructure companies.
0038Anonymous Donburako.Jul. 26, 2024 (Fri) 09:07:34.51ID:PqXHiSaU0(2/3)
>>30
If we did that, we wouldn’t be able to pay the huge retirement benefits of the electric company’s president!
0042Anonymous Donburako.Jul. 26, 2024 (Fri) 09:08:28.02ID:Qm48hsV70
>>30
Other than the right hand, or the left hand?
0031Anonymous Donburako.Jul. 26, 2024 (Fri) 09:03:57.93ID:G+HfX1H/0
All we need to do is abolish the consumption tax and the renewable energy surcharge.
0036Anonymous Donburako.Jul. 26, 2024 (Fri) 09:06:35.74ID:0hxT78Bu0(2/10)
>>32
Japan and the United States are among the world’s leading domestic demand nations.
0035Anonymous Donburako.Jul. 26, 2024 (Fri) 09:06:08.99ID:zCENZOyb0
People say the yen is strong, but it hasn’t even fallen below 150 yen and is returning to its original level,
and I don’t think there are any factors that will make the yen stronger in the future.
If interest rates continue to rise, it won’t be around 130 yen.
0067Security Guard [lv.3] [Sprout].Jul. 26, 2024 (Fri) 09:27:16.59ID:N/1eDHla0(1/2)
>>35
Currency is an indicator of a country’s competitiveness. The highest income tax in the world for the elderly and unemployed foreigners. Except for single mothers, the burden of raising children increases every year, accelerating the decline in the birthrate. Public spending is increasing the number of road infrastructure in rural areas, resulting in heavy maintenance costs. The small amount of research grant money disappears into so-called science departments at private universities. By issuing government bonds in large quantities, they are supporting a weaker yen while handing out money to friendly industries. There are no factors that would strengthen the yen.
0039Anonymous Donburako.Jul. 26, 2024 (Fri) 09:07:39.52ID:cSrwidJL0
No gas assistance needed, go all in on electric. We use propane.
0040Security Guard [lv.9] [Sprout].Jul. 26, 2024 (Fri) 09:07:45.51ID:moSuCJAn0
Even though electricity prices have risen by 20%, the consumer price index is still flat.
0044Anonymous Donburako.Jul. 26, 2024 (Fri) 09:09:19.81ID:sNYKAe2U0(3/3)
>>40
Then we’ll raise taxes!
0045Anonymous Donburako.Jul. 26, 2024 (Fri) 09:10:04.00ID:1Y803Ly00
This level of appreciation of the yen is not enough. It needs to fall to purchasing power parity of at least 120 yen to the dollar.
Reference: https://asahi.5ch.net/test/read.cgi/newsplus/1721951238

Other languages: 東京23区の7月消費者物価2.2%上昇電気ガス補助金終了で電気代は2割上昇

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