Japan's economy minister says pass-through of costs limited so far
Japan's economy minister says pass-through of costs limited so far
Tue, August 4, 2026 at 2:40 AM UTC
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TOKYO, Aug 4 (Reuters) - Japan's Economy Minister Minoru Kiuchi said on Tuesday the pass-through of rising costs from the Middle East conflict on consumer goods prices remains limited so far, offering a sanguine view on inflationary risks.
"The overall consumer price index rose 1.7% year-on-year in June, showing only moderate rises," Kiuchi told a news conference, when asked about the Bank of Japan's warning last week about rising risks of an inflation overshoot.
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"We do need to be vigilant to the possibility that costs could be gradually passed onto food and other consumer goods from summer through autumn," he added.
(Reporting by Leika Kihara; Editing by Christian Schmollinger)
Source: “AOL Money”
