Japan Taxi Fares February 8: Regional Hikes Flag Service Inflation

Japan Taxi Fares February 8: Regional Hikes Flag Service Inflation

Japan taxi fares are moving higher across regions, signaling sticky service inflation and tight labor. Ishikawa aims to lift the initial fare to ¥700 by mid-May, Aomori raised fares about 11% and restored a winter surcharge, and Miyazaki introduced a revised structure on February 1. These shifts reflect higher operating costs and driver shortages. For investors, regional fare resets can nudge core CPI, influence wage talks, and shape expectations for policy normalization. We explain what changed, why it matters, and what to watch next.

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