Bank of France: Inflation pressure in Japan is expected to persist, unaffected by the outcome of the situation in the Middle East.

Economists from the Bank of Paris in France have stated that regardless of whether the conflict in the Middle East continues or subsides, Japan may face sustained inflationary pressure. They believe that ongoing tensions could drive up inflation expectations, and even if the situation calms down, energy prices are unlikely to quickly return to pre-conflict levels. They also mentioned that domestic pressures such as rising recruitment costs are exacerbating the trend of price increases. These economists have said, "If the Bank of Japan skips raising interest rates citing uncertainty, it seems highly likely that they will lag behind the situation."