TOKYO -- A gauge of the yen's strength against major currencies like the dollar and euro is nearing a 53-year low, forcing Japan to pay more for imported necessities like energy and food.
Currencies
Yen's buying power sinks to 53-year low after decades of stagnation
Pricier imports squeeze Japan households while exports barely budge
Higher import costs have raised prices on Japanese supermarket shelves. (Photo by Makoto Okada)
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