Inflation

Living in Japan is Not Easy! The Average Annual Salary is Only 4.43 Million Yen

Japan is one of the countries where many people yearn to go to work. In recent years, the prices have risen, but the salary level has not risen proportionally, so life has become more difficult. The average annual private salary announced by the Japanese National Tax Agency is 4.43 million yen, and it is more likely to reach this level after the age of 35, which makes many people feel great pressure in life.

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Pasta Manufacturer Excessive Price Hike Sparks Public Outcry, Italians Start an Activity Against Buying Pasta

The price of Italian pasta has caused an uproar in Europe recently. The public is dissatisfied that after wheat prices have gradually dropped, the prices of various flour products have continued to rise. Consumers believe that the industry is greedflation, so in Italy, they launched a refusal to buy retail pasta products to express their dissatisfaction and anger.

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The World Economy Faces a Crisis of Disintegration as The Workforce Ages

The World Bank warned in March that the impact of an aging workforce on the global economy continues to intensify. In Japan and South Korea, due to the rapid increase in the proportion of the elderly population and the lack of a young labor force, the economic growth rate has been significantly dragged down. China, the United States, and many European countries are facing the problem of an increasing retirement population, but there is a shortage of a replaceable labor force.

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