Inflation measures expand as Japan rolls out fresh economic stimulus

On November 22^nd, NHK World News aired a report breaking down Japan’s newly approved multitrillion-yen economic stimulus package and what it means for households facing rising living costs.

NHK World News YouTube channel doesn’t allow embeds on third-party sites, so either click the image above or here to watch the segment.

Key Topics Covered

• Japan has launched a ¥21.3 trillion stimulus package to ease inflation and support growth.

• The plan restores electricity and gas subsidies and boosts funding for local measures against rising food prices.

• Inflation remains high, with core prices up 3% and staples like rice surging 40% year-on-year.

• Families will receive a one-time $130 per-child payment, though many say it is not enough.

• Economists attribute rising prices to labor shortages and declining domestic production, not excess demand.

• Analysts warn the package could weaken the yen and worsen inflation if demand rises faster than supply.

• The overall economic impact will depend on whether higher demand increases domestic output or pushes up imports.