- NLI Research Institute >
- How Companies View the Prolonged Deflation -- The Nissay Business Conditions Survey (February 2002)
How Companies View the Prolonged Deflation -- The Nissay Business Conditions Survey (February 2002)
Keisho Komoto
Font size
- S
- M
- L
The consumer price index has declined for three straight years since 1999, and shows no sign of abating in 2002 as deflation continues to plague the economy. The impact on companies has been profound. While benefiting from lower costs for parts and materials, companies are also struggling with weak sales prices and rising labor and real interest costs.
The latest Nissay Business Conditions Survey, conducted jointly by Nippon Life Insurance Co. and NLI Research Institute in January and February 2002 (with 3,361 companies responding nationwide), examines how companies view the deflationary economy and its impact on business.
According to the results, over 80% of companies report declining sales prices, and believe that deflation has had a negative effect on business. Looking ahead, a pessimistic mood prevails that deflation will linger, including 37% who predict deflation to continue for at least three more years. As to causes of declining sales prices, over 50% cite domestic competition, while 30% cite weak demand. Anti-deflation measures being taken include reducing cost of materials, adding more value to products and services, and cutting labor cost.
Keisho Komoto
Research field
レポート紹介
-
研究領域
-
経済
-
金融・為替
-
資産運用・資産形成
-
年金
-
社会保障制度
-
保険
-
不動産
-
経営・ビジネス
-
暮らし
-
ジェロントロジー(高齢社会総合研究)
-
医療・介護・健康・ヘルスケア
-
政策提言
-
-
注目テーマ・キーワード
-
統計・指標・重要イベント
-
媒体
- アクセスランキング