Japanese Households Are Getting Hit By a Weak Yen, Costlier Imports

A weak yen is exacerbating the pain of rising prices for Japanese households.

Japan’s imports jumped 31% in March from a year ago to a record value, led by crude oil, coal and natural gas, the finance ministry reported Wednesday. That will translate into higher power bills in the nation that relies heavily on others for its energy resources. (Click here for the full story.)