TOKYO - Japanese Prime Minister Fumio Kishida's ruling coalition is expected to keep its majority in a July 10 election for parliament's upper house that comes as his support has sagged among voters concerned about rising prices and a weak yen, a major newspaper survey said.
A total of 125 of the 248 seats for the body are up for grabs and the LDP-led coalition would need to win at least 56 seats to keep its majority, Kyodo News said. Opinion surveys before the vote have shown a slip in support for Mr Kishida's government, with opposition groups criticising the premier for supporting an ultra-loose monetary policy despite worries that it's accelerating price increases.
The central bank's persistent easing has come under criticism as it has helped the yen slide to a 24-year low, which is boosting the import costs of food and energy for households. Data released on Friday showed that a key inflation gauge stayed above the Bank of Japan's target level of 2 per cent, a result that keeps speculation alive over policy adjustments at the central bank.
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