Japan PM Takaichi's approval rating slides as inflation bites
- On Sunday, Yomiuri reported that Japanese Prime Minister Sanae Takaichi's administration saw its approval rating slump to 57% in a poll conducted July 24–26, marking the first time support has dipped below 60% since she took office.
- Dissatisfaction with the government's handling of rising living costs jumped to 71%, up from 56% in June, as inflation remains a central issue for voters weighing heavily on Takaichi's popularity.
- Takaichi faces mounting pressure as her fiscal policies caused a spike in bond yields and a slump in the yen, while internal ruling party opposition has delayed a planned 8% levy cut on food sales.
- Kyodo news agency reported on Friday that Takaichi may reshuffle her cabinet in August or September, signaling a potential shift in the direction of her reflationist policies.
- Kenji Yamamoto of Daiwa Securities noted that while approval remains high compared to past administrations, the "enormous political capital" gained from her lower house election victory is "gradually diminishing" due to economic headwinds.
17 Articles
17 Articles
Takaichi defends policy as popularity slips
Japanese Prime Minister Sanae Takaichi yesterday said that government efforts to boost the country’s growth potential would underpin market trust in the yen, countering views that the rising cost of living from the weak currency was hurting her approval ratings.She also said that while the Bank of J
Japan PM Takaichi's Approval Rating Drops To 57% Over Rising Living Costs
In a poll conducted between July 24 and 26, the approval rating for Sanae Takaichi's administration fell to 57%, down from 69% in June and the first time it has dropped below 60% since she took office
Japan PM Takaichi's approval rating slides as inflation bites
The weakening yen, higher bond yields, delayed tax relief and public frustration over the cost of living are adding pressure on Japanese Prime Minister Sanae Takaichi and her government as a cabinet reshuffle looms.
Japan PM Takaichi's approval rating slides as inflation weighs on public: Poll
Japanese Prime Minister Sanae Takaichi’s popularity has declined in recent weeks. A poll published by the Yomiuri newspaper showed that approval for her administration fell in July to its...
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- 58% of the sources lean Right
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