Prime Minister Takaichi mentions the conclusion of the consumption tax cut on food products, saying, ``It will be done in time at the beginning of August.''

Roughly speaking Prime Minister Takaichi mentioned the consumption tax cut on food items during the party leader debate on the 15th. The 1% consumption tax on groceries will be limited to 2 years, and the government plans to return to 8% in April 2029. The conclusion of the discussions is expected to be reached by early August, and a consensus is expected to be reached in July. Read article