Japan’s inflation driven by energy and commodity costs, says PM Kishida By Reuters

TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida said on Tuesday that the recent rise in prices in the country was largely due to rising global energy and raw material costs.

“It is desirable to create an environment where businesses can pass on rising costs, raise wages, so that increased consumption drives economic growth and inflation,” Kishida told parliament.

Warning: Merged media would like to remind you that the data contained in this site is not necessarily in real time or exact. All prices for CFDs (stocks, indices, futures) and Forex are not provided by exchanges but rather by market makers, and therefore prices may not be accurate and may differ from the actual market price, which which means that the prices are indicative and not suitable for commercial purposes. Therefore, Fusion Media assumes no responsibility for any business losses you may incur due to the use of this data.

Merged media or anyone involved with Fusion Media will accept no liability for any loss or damage resulting from reliance on the information, including data, quotes, charts and buy/sell signals contained in this website . Please be fully informed of the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investment possible.