ANALYSIS: People will soon feel the failures of Abenomics：

People who have placed high expectations on Abenomics to move Japan out of its deflationary state will soon be tasting bitter disappointment.

A major reason is that a huge injection of funds into the economy through monetary and fiscal measures has propped up Japan’s gross domestic product. However, that course cannot last for long.

The Abe administration’s package of economic policies is designed in part to raise prices and end the deflationary trend that has long hampered the economy.

On that point, the Bank of Japan’s unprecedented monetary easing along with the weakening of the yen against foreign currencies have improved the profit picture of export industries as well as increased Tokyo stock prices.

The problem, however, goes beyond simply pushing up consumer prices.

If concerns about jobs and social security subside, personal consumption and capital investment would recover. That, in turn, would push up overall demand. Although that is the desired course in achieving a recovery of consumer prices,