By MegLog from TOKYO

Japan has undergone significant economic changes in 2024, and travelers need to be aware of these updates before visiting. This video covers ten important money-related changes to help tourists plan better.

First, food prices have seen a sharp rise, with nearly 3,000 items increasing in cost in October alone. Travelers should prepare for higher expenses when dining out. Additionally, there’s a unique opportunity to experience Japan’s luxurious Green Car seats for free, though availability is limited.

A shared ride taxi service has been introduced, offering another transport option for visitors. However, cyclists should be cautious as Japan has implemented stricter penalties starting in November. Another major update is the increase in the Mt. Fuji toll fee, which means visitors planning to explore Japan’s iconic mountain will need to budget accordingly.

For budget-conscious travelers, an exciting Great Value Pass has been launched, making transportation more affordable. Meanwhile, Japan’s minimum hourly wage has increased, which might impact pricing across services.

A significant change to Japan’s currency is the release of new banknotes. However, some machines may not accept them yet, so travelers should carry a mix of old and new bills. Hotel prices are also rising, making early booking essential. Lastly, Japan’s new Prime Minister, Shigeru Ishiba, is shaping economic policies that could further impact travelers in the future.

These updates highlight the evolving economic landscape in Japan, making it crucial for travelers in 2024 to stay informed and plan accordingly.