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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 ...
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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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.
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 ...
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.
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Japan's rice crisis deepens as market giants scoop best grain
Japan’s rice supply debacle continues as the government is now seeking to lower the price of its stockpiled grain, and focus on discretionary contracts for smaller buyers. However, recent ...
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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