๐ฏ๐ต Oil Price Shock Impact on Japan
Modeled estimates of how a sudden oil price increase (to $128/barrel, realistic sensitivity) would affect different sectors of Japan's economy.
Sectors
- โ๏ธ Travel & Tourism โ estimated +13.9% to +25.4%
- ๐ Transportation โ estimated +18.5% to +33.8%
- ๐ Food & Groceries โ estimated +6.9% to +16.9%
- โก Energy โ estimated +23.1% to +40.8%
- ๐๏ธ Construction โ estimated +9.2% to +19.8%
- ๐ General Cost of Living โ estimated +11.6% to +22.6%