TOKYO -- People in Japan are squeezing more years out of their old cars and refrigerators instead of buying new ones as prices rise faster than wages.
Inflation
Inflation-hit Japanese hold on to cars, appliances longer than ever
Time between purchases of durable goods reaches record high
Prices of washing machines have risen 60% in Tokyo since 2005. (Photo by Mayumi Tsumita)
Read Next
Latest on Inflation
