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On a roll

机译:卷上

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摘要

Like a tide pushing inland, Japan's recovery is now touching the economy's remotest parts. What began as a pick-up in exports in 2003 was by the end of last year a recovery clearly rooted in domestic demand. Companies have recently been making record profits, and have rejoiced in full order books. As the gap has narrowed between what the economy actually produces and what it is capable of, demand for workers has increased. Last November inflation, measured by core consumer prices (which exclude fresh food, but include energy), rose for the first time in years. It has been in positive territory ever since. This is the end, then, of Japan's long era of deflation.
机译:就像潮水推向内陆一样,日本的复苏现在正在触及经济最偏远的地区。从2003年开始出现出口回升,到去年年底,复苏显然植根于国内需求。公司近来一直在创造创纪录的利润,并为全额订单感到欣喜。随着经济实际产出和能力之间的差距缩小,对工人的需求增加了。去年11月的通货膨胀率,以核心消费者价格(不包括新鲜食品,但包括能源)来衡量,这是多年来首次上升。从那以后,它一直处于积极的领域。那么,这就是日本漫长通缩时代的终结。

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