Japan economy minister Kuichi says the weak yen is pushing up prices, higher import costs

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Japan’s Economy Minister Kiuchi said the government is increasingly aware that elevated inflation is eroding household purchasing power, noting that the weak yen continues to push up import costs and consumer prices. He said Tokyo will roll out and expand measures to cushion the impact of higher living costs, including targeted support for vulnerable households and energy relief steps. Kiuchi added that the government remains committed to fostering wage growth that outpaces inflation, aiming to restore real income gains and sustain private consumption. ---If this is an attempt to talk up the yen it's a poor one. Very mild, obvious, comments really. This article was written by Eamonn Sheridan at investinglive.com.