Typhoon Could Weigh on Japan Growth by Denting Tourist Boom
- Economists expect hit to tourist numbers from Typhoon Jebi
- Airport closure follows Osaka earthquake, historic floods
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Japan’s tourist boom has been one of country’s few unambiguous economic success stories.
Even as inflation and wage growth have stubbornly stayed below targets, tourist numbers have smashed them. A target of 20 million visitors by the 2020 Olympics was met with five years to spare, then swiftly doubled.