Japan Announces New Inflation Relief Measures for Low-Income Households

Prime Minister Fumio Kishida outlines plans for cash handouts, extended fuel subsidies, and temporary utility bill relief.

The government will provide cash handouts to low-income households struggling with the cost-of-living crisis.
Fuel subsidies for gasoline will be extended until the end of the year to keep retail prices low.
Temporary relief on household utility bills will be reinstated for three months during the summer.
The measures aim to reduce consumer inflation by more than 0.5 percentage points per month on average.
Additional support for pensioners and small firms is under consideration.