Japan's Average Gasoline Price at 169.8 Yen as Subsidies Hold the 170-Yen Line
# gasoline price# energy subsidy# prices# fiscal policy
Key Points
- The nationwide average gasoline price is 169.8 yen, held near 170 by subsidies
- May subsidy spending was about 290 billion yen
- It reflects the tug-of-war between energy prices and fiscal support
Analysis
Japan's average gasoline price is 169.8 yen per liter, held near 170 by government subsidies, with May spending around 290 billion yen. A weak yen lifts imported energy costs while subsidies cap pump prices—an 'energy inflation versus fiscal support' tug-of-war central to both prices and the budget, a livelihood energy-policy development.