# Japan Has Long Sought More Inflation and a Weak Yen. But Not Like This. - The New York Times

> Japan's food and energy costs are rising rapidly due to market turmoil from the pandemic and Russia's invasion of Ukraine. The yen has hit a two-decade low against the dollar, down more than 18% since September.

- Date: 2022-05-10 · published 2022-05-10T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/41629-japan-has-long-sought-more-inflation-and-a-weak-yen-but-not-like-this-the-new
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A deep yen decline raises the cost of imported feed and energy for Japanese buyers, adding to food-cost inflation.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- nytimes.com: https://www.nytimes.com/2022/05/10/business/japan-yen-inflation.html

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