Japan PM contender Koizumi vows wage hikes to counter inflation


  • World
  • Saturday, 20 Sep 2025

Japan's Prime Minister contender Shinjiro Koizumi, who is currently Agriculture Minister and son of the former Prime Minister Junichiro Koizumi, attends a press conference about his running in the ruling Liberal Democratic Party leadership race in Tokyo, Japan, September 20, 2025. REUTERS/Issei Kato/Pool

TOKYO (Reuters) -Shinjiro Koizumi, launching a bid to become Japan's next prime minister, pledged on Saturday to focus on revitalising the economy by boosting wages and productivity to counter rising prices.

Koizumi, seen as a frontrunner in the ruling party's leadership race, said Japan must shift the focus of economic policy from beating deflation to one better suited to an era of inflation.

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