08:10⇢Consumer Prices Jump 3.7%
⌨The newspapers report on Japan's economic vulnerability as Middle East tensions persist, with consumer prices rising 3.7% in May (Yahoo News Japan). Japan's economy faces particular exposure to the ongoing Middle East conflict (The Japan Times), building on previous coverage of evacuating 87 nationals from Iran and Israel. The aviation sector reflects broader regional economic pressures, with Jetstar Asia's closure highlighting fierce low-cost carrier competition in ASEAN markets (Nikkei Asia). Domestically, corporate restructuring continues as Unitika completes its textile business sale to Seiren. Political analysis focuses on opposition party strategic weaknesses, particularly regarding no-confidence motion debates (Japan Business Press).