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‘Japanification’: As U.S. Inflation Surges, Here’s Why Japan’s Prices Have Held Steady | WSJ

‘Japanification’: As U.S. Inflation Surges, Here’s Why Japan’s Prices Have Held Steady | WSJ

As the cost of groceries, clothing and electronics have gone up in the U.S., prices in Japan have stayed low. WSJ’s Peter Landers goes shopping in Tokyo to explain why flat prices, though good for your wallet, can be a sign of a slow-growing economy. Photo: Richard B. Levine/Zuma Press; Kim Kyung Hoon/Reuters

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