# Cost of living: Japan economy unexpectedly shrinks after yen slide

> Japan's economy unexpectedly contracted by an annualised 1.2% in the three months to September. Weak yen-driven import costs weighed on household spending. Economists still expect a return to expansion later in the year.

- Date: 2022-11-15 · published 2022-11-15T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/38939-cost-of-living-japan-economy-unexpectedly-shrinks-after-yen-slide
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A weaker Japanese economy and costlier imports reduce demand for imported feed and food inputs at the margin. The effect on prices is modest, given that the yen weakness is already well known.

## Sources

- bbc.com: https://www.bbc.com/news/business-63631875

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.