Japan's Kishida vows to prioritize economic steps to fight inflation

Prime minister pledges to extend energy subsidies to help consumers

20231023 Kishida speech

Japanese Prime Minister Fumio Kishida speaks in parliament on Oct. 23. (Photo by Suzu Takahashi) 

AKIRA KITADO, Nikkei staff writer

TOKYO -- Japanese Prime Minister Fumio Kishida sought to boost his flagging fortunes by pledging to prioritize an economic package to help combat inflation.

"What I have in my mind right now is one thing: 'Never miss the flow of change, seize it,'" Kishida said Monday in a policy speech to mark the opening of a parliamentary session. "The No. 1 priority is the economy. I am determined to take unprecedented bold steps."

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