ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Inflation

Japan to hand out $350 to low-income households to tackle inflation

Kishida government unveils relief steps amid rising prices

Prime Minister Fumio Kishida, center, speaks at a meeting of government officials on Sept. 9 in Tokyo, where a series of steps meant to control inflation was announced. (Photo by Uichiro Kasai) 

TOKYO -- The Japanese government on Friday decided on additional measures aimed at dealing with high prices, including allocating 50,000 yen ($350) each to low-income households.

Prime Minister Fumio Kishida said at Friday's meeting at the prime minister's office:"We will closely monitor the impact of commodities market trends and global monetary tightening on overseas economies," stressing, "We will take bold measures seamlessly in response to price and economic conditions."

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more