We Talk: Rising prices in Japan squeezing household budgets

Prices are set to rise on 3,153 food and beverage items in Japan in October, putting fresh pressure on household budgets already strained by recent price hikes. According to Teikoku Databank Ltd., October's increase follows hikes on nearly 5,000 items in September, marking another "wave of price hikes." Daily necessities like meat, rice, eggs and vegetables are becoming increasingly expensive, driven higher in part by rising fuel costs. To cope, several Tokyo residents say they are hunting for discounts, shopping at cheaper stores and cutting back on essential groceries. Many are calling for government action that better addresses their daily financial realities. 📺 Subscribe to our YouTube channel and stay updated with our latest analysis and interviews:👇 https://www.youtube.com/channel/UCgrNz-aDmcr2uuto8_DL2jg 👈 Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv For more: https://www.cgtn.com/video Most watched videos: Impossible Challenge: 30 seconds to count banknotes BLINDFOLDED https://www.youtube.com/watch?v=ZmP_Ybj-jws Impossible Challenge: Gymnastics Boy Arat Hosseini from Iran! https://www.youtube.com/watch?v=8sxX--U4c8w Impossible Challenge: How to calm babies in 5 seconds? https://www.youtube.com/watch?v=kR3q9sXM7WA