# Weaker yen pinches household budgets in Japan - Nikkei Asia

> The weaker yen is reducing Japanese households' purchasing power as higher prices for imported goods, from clothing to smartphones, squeeze budgets. The yen had hit a five-year low of 116 per dollar in early January and has recovered only slightly since. The article focuses on the domestic cost-of-living impact.

- Date: 2022-02-02 · published 2022-02-02T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/42935-weaker-yen-pinches-household-budgets-in-japan-nikkei-asia
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A persistently weak yen raises the yen cost of dollar-priced imports such as feed grains and meal, which can pressure Japanese buyers' margins. The effect is gradual and does not on its own move global prices.

## Sources

- asia.nikkei.com: https://asia.nikkei.com/spotlight/datawatch/weaker-yen-pinches-household-budgets-in-japan

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