Gasoline continues to rise
A further increase is expected at the end of the year
Car owners sigh louder
Starting December 2024, 12, the Japanese government will gradually reduce gasoline subsidies, and gas station prices are expected to increase by 19 yen per liter. This is a price increase that occurred while the subsidy, currently maintained at 1 yen, was reduced. The government tried to minimize the impact on households and economic activities, but this caused a negative reaction from consumers.
From December 12, the difference between the standard price of gasoline and the high rate subsidized price will be reduced from 19% to 60%. As a result, gasoline prices are expected to increase by an average of 30 yen. Additionally, the subsidy is expected to end completely from January 5, 2025, after which the price could exceed 1 yen per liter.
People's dissatisfaction with excessive alcohol consumption
Cutting end-of-year grants is too much.
Reducing subsidies has a significant impact on consumers. In particular, voices of dissatisfaction over the reduction of subsidies during the year-end and New Year holidays are growing. To avoid the increase in gas station prices, many consumers were seen refueling their gas stations in advance on the 18th. One consumer expressed his dissatisfaction, saying: “Reduce the subsidy at the end of year is too excessive.”
In addition, some consumers expressed criticism, saying, “Don't spend money on unnecessary things like this, but focus on gasoline subsidies.” As rising gasoline prices place a greater burden on households, consumer anger is growing. As a result, backlash against government policies is expected to continue.
Call for a reduction in the gas tax
What is the People's Democratic Party's response?
Rep. Yuichiro Tamaki of the People's Democratic Party expressed a strong stance on reducing gasoline subsidies. Representative Tamaki mentioned on social media that gasoline prices would reach 180 yen/L due to a reduction in subsidies, and expressed concern over rising logistics costs and worsening inflation. He criticized the government's decision, saying: “The gas tax reduction must be implemented quickly starting next year.” »
Rep. Tamaki also argued, “Not only should the tax limit of 103 million yen be increased to 178 million yen, but the temporary gasoline tax rate should also be abolished starting next year.” » He stressed that practical measures are needed to minimize the impact of rising gasoline prices on households and the industry.
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