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On any list of central bankers dying to get off this crazy thing called 2025, Japan’s Kazuo Ueda deserves a spot at the very ...
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Japan faces a ‘rice crisis’ as price nearly doubles for food staple
Japan was once known for its low levels of inflation, but the COVID-19 pandemic and the Ukraine war helped reverse the decades-long trend in 2022. Labour shortages have further compounded the problem.
Core inflation excluding fresh food hit 3.5 percent last month, the internal affairs ministry said, its highest since January 2023 and well up from the 3.2 percent in March.
The central bank held its overnight call rate target steady at 0.5%, where it has remained since its last hike in January.
Since 2022, inflation has skyrocketed to levels Japan hasn't seen since the 1980s – currently 3.4 percent. The policy of cheap credit and money printing was supposed to combat deflation, but it ...
Japan rice crisis shows signs of easing as prices stabilize and stocks return to shelves By Lim Hui Jie, CNBC • Published June 25, 2025 • Updated on June 26, 2025 at 10:33 pm ...
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Cryptopolitan on MSNJapan’s bond market is on the brink of a crisis, and its America’s problem too
Japan’s government bond market is spinning out of control, and it’s dragging America into the mess. Volatility across Japanese government bonds has doubled in ...
The dramatic rise in rice prices across Japan since August 2024 reveals a troubling paradox. A staple so central to Japanese identity that the word ‘gohan’ means both ‘meal’ and ‘rice’ — a grain that ...
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Japan core inflation tops forecasts as rice prices almost double
Japanese inflation spiked to a two-year high in April, data showed Friday, as rice prices almost doubled, turning focus on the central bank as it mulls more interest rate hikes amid the Trump ...
Data from Japan's agriculture ministry revealed that the average price of a five-kg bag of rice had fallen to 3,920 yen ($27.03) for the week ending June 15, which marked the first time that rice ...
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