Japan PM Kishida says need to be cautious about effect of rising prices due to weak yen

Careful on this folks. Kishida sounds like he is not happy with the weak yen. Reuters conveying report in Kyodo news:

• Govt must be vigilant about impact of rising prices, driven in part
  by weak yen, on economy to achieve domestic-demand driven recovery
• Says need to be
  cautious about effects of rising prices due to weak yen

I posted earlier on the dissatisfaction of prices rising due to ‘cost push’ factors, the weak yen being part of this. If you missed it, here:

• Economic calendar in Asia – Friday, 19 July 2024 – Japan inflation data for June

Kishida expressing the same.

This article was written by Eamonn Sheridan at www.forexlive.com.