Japan is considering fuel price relief measures

<p>A few comments from Japanese officials on fuel prices. There is nothing concrete and these may not mean much beyond seeking to calm nerves over high fuel prices, not helped by a weak yen of course (Japan imports are more expensive with the slide in the yen).</p><p>Japanese Industry Minister Nishimura was asked about fuel subsidies and responded that he will work with ruling parties and urgently consider measures to help the public.</p><p>Japanese Finance Minister Suzuki admitted h ewasn't in a position to say anything concrete on fuel price measures. And that he also cannot say whether to compile extra budget to fund economic measures.</p>

This article was written by Eamonn Sheridan at www.forexlive.com.