When I first came to Japan, in 1988, a can of soft drink from a vending machine cost 80 yen. Since then, inflation has pushed the price up 50% to 120 yen.
However, over the past couple of years, prices at some machines have been dropping. Here are some concrete examples of deflation in Japan: drink machines in Tokyo’s Kojimachi district where the price has dropped to 100 yen for cans, and 130 yen (instead of the usual 150 yen) for PET bottles.
Read more about the causes of the Japanese recession.
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