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Japan Keeps Gasoline Near ¥170 as METI Weekly Survey Shows Stable Prices

The government is using a per‑liter subsidy to cap pump prices and ease costs for drivers.

Overview

  • The latest Ministry of Economy, Trade and Industry survey shows the national average for regular gasoline at 169.80 yen per liter, unchanged from the prior week.
  • Diesel rose by 0.20 yen to 159.20 yen per liter while kerosene held steady at 2,531 yen for a standard 18‑liter canister.
  • The government has set a fuel subsidy of 4.80 yen per liter for the coming week to help keep retail gasoline around 170 yen.
  • METI’s weekly price snapshots are used by policymakers and markets to track short‑term moves and may be affected by shifts in global oil prices or geopolitical events.
  • Stable retail gasoline limits immediate pain for motorists but a diesel uptick could raise transport costs for businesses and push broader consumer prices higher if the trend continues.