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Jai Japan #15 - Will the Japanese yen become even weaker?

Written and shared by Mia Horiguchi San “Will the Japanese yen become even weaker?”


Recently, I hear this question more and more from both Japanese people and foreigners living in Japan.


Honestly, nobody really knows what will happen next. But one thing many people can feel already is this:

Life in Japan is getting more expensive.

Food prices are going up.

Electricity bills are higher.

Imported products cost more.

Even eating simple meals outside is not as cheap as before.

For many years, Japan was famous for stable prices. Some people who lived here for 20 or 30 years were used to almost no inflation at all. That is why today’s price increases feel shocking and uncomfortable for many families. One big reason is the weak yen.

Japan imports many things from overseas: energy, food, raw materials, and daily products. When the yen becomes weaker, Japan must pay more to buy these things from other countries. Businesses then raise prices, and ordinary people end up paying more.

At the same time, salaries in Japan are not rising fast enough.

Some companies increase wages a little, but many workers still feel that their income cannot keep up with rising living costs.

Many people now feel:

“I’m working the same as before, but life feels harder.”

Personally, I do not think Japan’s economy will suddenly collapse overnight like some extreme YouTube videos claim. Japan still has strong institutions, large savings, and global influence.

But I do think people living in Japan should prepare for a future where prices slowly continue rising for many years.

So what can people do?

First, relying on only one source of income may become risky. More people may need side jobs, freelancing, online work, investing, or small businesses for extra stability.

Second, people need to become more financially aware. In the past, many people simply kept money in savings accounts because inflation was very low. But now, money loses value slowly if prices keep rising.

Third, reducing unnecessary debt is important. Rising costs become very stressful when people already have heavy loans or monthly payments.

And finally, emotional preparation matters too.

Japan is entering a different phase now. For decades, many people were used to stability and predictable prices. But the global economy is changing quickly, and Japan cannot completely avoid those changes anymore. The important thing is learning how to adapt calmly before problems become more serious.

What changes have you personally noticed recently while living in Japan?

Share your thoughts in the comments.


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Written and shared by Mia Horiguchi San

 
 
 

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May 29

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