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Japanese Minister of Economy, Trade and Industry: We must be vigilant about the impact of Middle Eastern conflicts on the economy
Golden Finance reports that on May 19, Japan’s Minister of Economy, Finance, and Trade, Jounai-shi, said that this year’s wage negotiations have strong momentum, and working conditions have improved. The impact of government measures may help support a moderate economic recovery. It is necessary to remain vigilant about the impact of conflicts in the Middle East on the economy. The government will respond flexibly while closely monitoring how the conflicts in the Middle East affect the economy, as well as how price increases affect households and business activities.