For years, Japan struggled with falling prices, weak demand, and stagnant incomes. However, the tide has turned - deflation has given way to inflation, and the economy is showing signs of growth.
We analyzed the key drivers behind this shift: the role of monetary policy, government stimulus, and labor market changes. A crucial factor was the wealth effect - rising asset values that boost consumption and investment.
How long will this trend last, and what risks remain? The answers are in our new analytical report.