1. Continuing price rise
    The consumer price index in February rose 2% compared to the same month last year.
  2. Government Efforts and Results
    The government continues policies to curb increases in electricity and gasoline prices, but after a year, their effectiveness is beginning to fade.
  3. Food and Energy Price Trends
    Due to the weak yen, food prices tend to become particularly expensive, and energy prices also fluctuate greatly.
  4. Tourism recovery
    Tourism demand is returning due to the recovery from the coronavirus pandemic and an increase in foreign tourists due to the weak yen, and accommodation prices and other costs are rising significantly.

Continuing price rise

Question: Do you know what it means for prices to rise?

Example answer: Rising prices mean that things in stores become more expensive. With the same amount of money, you can now buy less than before.


Government Efforts and Results

Question:Why do you think the government is taking measures to make electricity and gas cheaper?

Example answer: It's to prevent prices from rising and making everyone's lives too difficult, so that everyone can live comfortably. However, the effects may not be immediate due to various reasons, not only in Japan but also in other countries.


Food and Energy Price Trends

Question: Do you think our electricity and gas bills have gone up compared to before?

Example answer*Please tell your child how much electricity costs per month. I'm sure they will guess a much smaller amount than the actual amount.


Tourism recovery

Question:Hotel prices and other accommodation fees have increased dramatically recently. Why do you think that is?

ReplyAn example: The coronavirus epidemic is subsiding, and the number of foreign tourists is increasing, so there are many people who are willing to stay even if the price is raised. This is called "demand and supply." Let's look up the word "demand and supply."


Article Author

Yuya Shimizu

CFO of Progress Inc. / Representative Director of Children's Future Investment Project

After working as a cram school instructor, he became head of finance, accounting, and human resources and general affairs at a foreign-affiliated industrial gas company in 2006. Since then, he has served as head of finance and accounting and CFO at several companies. He currently serves as an accounting advisor for several companies. He is an instructor and creator of curriculum and textbooks for the social and economic research and financial literacy course CA$H!.
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