ivalua
MAY 7, 2020
Agriculture, financial services, biotech/pharmaceuticals and telecommunications also accounted for a large portion of Japan’s GDP. . Automobile factories are curtailing production but the drop in consumer demand is influencing those actions as much as part shortages.
Procurement Notes
MARCH 16, 2023
Further, higher labor costs also support higher consumer demand. Consequently, higher labor costs can also create inflationary pressure at the consumer level. This is because labor is typically a major cost element in pricing. So, if labor costs remain high, it logically follows that prices will remain elevated.
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