• Japan’s PM Kishida: Prices are rising but causing some problems such as hurting small firms

Market news

17 March 2022

Japan’s PM Kishida: Prices are rising but causing some problems such as hurting small firms

Japanese Prime Minister Kishida made some comments on the country’s inflation outlook, in his appearance on Thursday.

Additional quotes

Mindful that there is public concern about rising prices.

Prices are rising but causing some problems such as hurting small firms.

If inflation were to pick up, wages must rise too.

Mindful that there are concerns among public about rising prices.

Market reaction

USD/JPY is extending it s retreat from six-year highs of 119.03, currently testing daily lows near 118.75, still up 0.04% on the day.

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