Coface科法斯：2025年日本能摆脱通缩陷阱吗？持续的资本支出繁荣是关键报告（英文版）

How did inflation return to Japan? since 2022,Japan has undergone a notable inflationaryshif, with headine inflation consistenthsurpassing the Bank of Japan's 2% target. nitially driven by costpush factors like high commodity prices and a weak yen, this inflationarypressure has gradually evolved into a more demandled phenomenon, Domestically focused service firms,facing margin squeeze withlimited ofset from higher yen-denominated overseas revenues, began passing higher costs onto consumer