Record-Breaking Shift: How Inflation is Transforming Japan’s Savings Habits

In the face of escalating living costs, Japanese households have significantly reduced their cash holdings, marking the most substantial quarterly decline since records began in 1998. Data from the Bank of Japan reveals that, in the three months ending December 2024, citizens’ cash holdings decreased by 3.4% year-over-year, bringing the total to ¥105.3 trillion (approximately … Read more