BofAML's Yamada Sees Japan Inflation Rise in 2018

The video discusses the expected retail sales and industrial output for November, with insights from Shusuke Yamada of Merrill Lynch. The Japanese economy has been driven by export strength, but signs of recovery in domestic demand are emerging. The key question is whether this will lead to the desired inflation. The discussion highlights the importance of consumer spending and wage negotiations in driving future economic growth.

What was the primary driver of the Japanese economy in the year discussed?

• Government spending

• Export strength

• Domestic demand

• Tourism

What signs indicate a recovery in domestic demand in Japan?

• Increased government subsidies

• Decreased unemployment benefits

• Higher interest rates

• Rising capital expenditure and consumer spending

What is expected to drive the Japanese economy in 2018?

• Foreign investments

• Domestic demand

• Technological advancements

• Export strength

What are the key factors that could lead to inflation acceleration in Japan?

• Stronger yen and increased imports

• Weaker exchange rate and tightening GDP gap

• Higher taxes and reduced spending

• Increased foreign aid

What is considered a crucial element to watch for inflation growth in Japan?

• Autumn harvest yields

• Spring wage negotiations

• Summer tourism rates

• Winter energy prices