That's a better increase than the one in February here at least. But as energy prices are soaring, it is still going to be tough on consumers in general. In turn, expect that to weigh on consumption activity in the bigger picture.
As for the above, for some context, the government sets the subsidy amount every week if the retail price of gasoline exceeds the threshold of ¥170 under a temporary scheme - which came into effect on 27 January.
