HomeLatestRising Living Costs Squeeze 80% of Households in Japan

Rising Living Costs Squeeze 80% of Households in Japan

TOKYO, Oct 10 (News On Japan) –
Sumitomo Life Insurance has reported that round 80% of households in Japan are being impacted by rising costs, with month-to-month residing prices now about 9,600 yen increased than a yr in the past. The findings come from the corporate’s newest survey on family funds, which exhibits that inflation is placing important stress on household budgets.

Food bills had been cited as the realm most affected, with 26.4% of respondents saying they’d avoided shopping for rice at instances as a result of the worth was too excessive. Meanwhile, solely 14.3% of these surveyed anticipate their annual revenue to extend this yr.

To address the added monetary burden, 75.6% of households stated they’re actively making an attempt to chop again on spending. The knowledge underscores how persistently excessive costs proceed to erode buying energy and reshape client conduct throughout the nation.

Source: テレ東BIZ

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