As U.S. Inflation Surges, Japan Has the Opposite Problem: Everyday Low Prices

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As U.S. Inflation Surges, Japan Has the Opposite Problem: Everyday Low Prices
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Prices have been going up in the U.S. but have stayed low in Japan. 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.

ain 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/ReutersSome days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.

and others implement travel restrictions. Photo: Fazry Ismail/EPA-EFE/ShutterstockLockdowns, vaccine requirements and travel restrictions have swept Europe amid rising Covid infections and concerns over a variant detected in South Africa, highlighting new challenges ahead for the U.S. as officials want to avoid more shutdowns.Corporate titans General Electric and Johnson & Johnson both announced that they are splitting, two of the latest in a long string of conglomerate break ups.

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