TOKYO (Bloomberg): A key issue on the minds of voters heading into Japan’s national election on Sunday will be their stomachs - that is, the rising cost of filling them.
Voter frustration over soaring living expenses led to major setbacks for Prime Minister Sanae Takaichi’s ruling Liberal Democratic Party in the last two national elections before she took the helm last October. While successive governments rolled out subsidies to reduce utility fees during that timespan, out-sized gains for food prices limited the overall impact of the aid on household budgets.
