Japan must swiftly consider economic stimulus measures amid rising prices, and will eventually need an extra budget, a close aide to Prime Minister Fumio Kishida said.

“If you look at the Japanese economy, the surge in oil prices and food prices means that an economic package is essential at some point,” Deputy Chief Cabinet Secretary Seiji Kihara said in an interview with Bloomberg at the Prime Minister’s Office on Friday. “We can’t be slow. To be honest we have to think about it quickly.”

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