5,300 businesses fail in Japan: Why are Japanese companies going bankrupt? | Yen | Japan’s economy

Japan finally escaped decades of deflation—but the return of inflation is creating a new crisis. Rising costs, labour shortages, higher interest rates and weak consumer spending have pushed business bankruptcies to their highest first-half level in 12 years. In this video, we explain what’s driving the surge, which sectors are worst affected, and why the rest of the world—including India—should pay attention.

#bankruptcy #inflation #japaneconomy #businessnews

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