Japan’s inflation betrays a beloved low-frills curry shop

Japan’s inflation betrays a beloved low-frills curry shop

A surge in small-business bankruptcies in Japan is revealing a deeper shift in the economy.

Rising rice prices, a weak yen and higher borrowing costs are squeezing shops that survived decades of deflation — ironically signaling that Japan’s long-stagnant economy is finally normalizing.

To read our full feature story on small and midsize business bankruptcies in Japan, click here:
https://s.nikkei.com/44Dorul

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