FILE PHOTO: Japanese Prime Minister Fumio Kishida speaks before the media at his official residence as an extraordinary Diet session was closed, in Tokyo, Japan December 21, 2021. Yoshikazu Tsuno/Pool via REUTERS/File Photo
January 25, 2022
TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida said on Tuesday recent price rises in the country were driven largely by rising energy and global commodity costs.
“It’s desirable to create an environment in which companies can pass on rising costs, raise wages, so that increasing consumption spurs economic growth and inflation,” Kishida told parliament.
(Reporting by Leika Kihara; Editing by Kim Coghill)
