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Yen Wins for Imports Yet Costs for Goods Stubbornly Rise
The strong yen boosts some foreign products in Japan while prices for essentials and everyday items stay high. Gas costs about 102 yen per gallon in dollars, and even jeans and shirts price around 9,800 yen. Bread, ice cream, cheese, and Ford Explorers show mixed shifts. distributors and middlemen keep prices up. Shoppers like Norio Hamaguchi find little relief, though foreign brands and retailers offer occasional bargains.
MENTIONED IN THIS ARTICLE
Tokyo
Norio Hamaguchi
Seibu
Ralph Lauren
Yukimi Masui
Japan
United States
Toyota
Toys R Us
Tower Records
Tower