Tag - inflation

 
 

INFLATION

In September, prices will rise for  seasoning products, such as sauce and mayonnaise, as well as for many frozen food products and confectionery items such as chocolate, according to research firm Teikoku Databank.
BUSINESS / Economy
Aug 29, 2025
Prices of 1,422 food items, including chocolate, to rise in Japan in September
The monthly total of food products and beverages with higher prices will rise 0.6% from a year earlier, up for the ninth consecutive month.
Consumer prices excluding fresh food rose 2.5% in Tokyo in August from a year earlier, versus a 2.9% clip in the previous month, according to the internal affairs ministry.
BUSINESS / Economy
Aug 29, 2025
Tokyo inflation slows on subsidies as BOJ stays on hike path
Consumer prices excluding fresh food rose 2.5% year on year in the capital in August, versus a 2.9% clip in July.
Bank of Japan rate hikes may continue though trade uncertainties remain, board member Junko Nakagawa says.
BUSINESS / Economy
Aug 28, 2025
BOJ board member reaffirms stance on raising interest rates
Junko Nakagawa's remarks indicate there’s at most a low chance of a move coming at the board's next meeting, which concludes on Sept. 19, as of now.
For Suzunobu, a small rice specialty shop in Tokyo's Meguro Ward, distribution delays have resulted in it struggling to sell stockpiled rice secured from the government, owner Toyozo Nishijima said.
JAPAN / Politics / FOCUS
Aug 26, 2025
Rice woes weigh down Koizumi's first three months as farm minister
Early forecasts have also indicated that the relatively poor rice harvest this year will drive the price of the staple back up.
An employee at a wholesaler puts a price tag on a package of sea urchins from Hokkaido at Tsukiji Outer Market in Tokyo on Friday.
BUSINESS / Economy
Aug 26, 2025
Warming seas add to food inflation woes as urchin rice bowls hit ¥18,000
Policymakers have mostly blamed rising food prices on the weak yen's upward pressure on import costs, but the effects of global warming now also loom as a risk.
The ministry of labor has suggested a 6% minimum wage increase, but most prefectures reporting so far are opting to go slightly higher.
BUSINESS / Economy
Aug 25, 2025
Japanese prefectures break with labor ministry on minimum wage
Many prefectures are choosing increases higher than the 6% suggested by the ministry.
Bank of Japan Gov. Kazuo Ueda (second from left) walks with Fed Chair Jerome Powell (left), European Central Bank President Christine Lagarde (second from right) and Bank of England Gov. Andrew Bailey outside the Fed’s Jackson Hole Economic Policy Symposium on Friday.
BUSINESS / Economy
Aug 24, 2025
BOJ's Ueda expects tight labor market to keep upward pressure on wages
The remarks are likely to support growing speculation of another interest rate hike this year, although the BOJ governor didn’t directly discuss monetary policy in a presentation.
Federal Reserve Chairman Jerome Powell attends the Kansas City Federal Reserve's Jackson Hole Economic Policy Symposium in Moran, Wyoming, on Friday.
BUSINESS / Economy
Aug 23, 2025
U.S. Fed chair opens door to rate cut as Trump steps up pressure
But Fed chief Jerome Powell also continued to argue that policymakers must guard against the prospect that President Donald Trump’s tariffs lead to persistent inflation.
Consumer prices in Japan rose 3.1% from a year earlier in July, slowing from a 3.3% gain in the previous month but still suggesting that inflation remains relatively sticky.
BUSINESS / Economy
Aug 22, 2025
Japan’s inflation hovers well above BOJ’s goal even as it slows
Consumer prices excluding fresh food rose 3.1% from a year earlier in July, slowing from a 3.3% gain a month earlier.
The agriculture ministry believes it is difficult to sell all of the stockpiled rice by the original deadline set at the end of this month due to slow deliveries to retailers.
JAPAN
Aug 20, 2025
Government extends deadline for stockpiled rice sales
While a new deadline will not be set, the ministry will ask businesses concerned to make sure the rice sells out within a month of delivery.
The Bank of Japan maintains a wait-and-see approach as calls grow for it to raise rates.
BUSINESS / Economy / FOCUS
Aug 19, 2025
Bank of Japan encouraged to increase rates soon, before it’s too late
Business and political leaders argue that inflation is too high and must be brought under control soon.
Rice retailed for an average ¥3,737 per 5-kilogram bag at about 1,000 supermarkets nationwide from Aug. 4 to 10, up ¥195 from the previous week and around 1.4 times the value a year earlier, according to the agriculture ministry.
JAPAN / Society
Aug 19, 2025
Rice prices climbed in early August as stockpile release slowed, data shows
Retail prices averaged ¥3,737 per 5-kilogram bag from Aug. 4 to 10, up ¥195 from the previous week and around 1.4 times the price a year earlier.
The number of Japanese students who applied to the National Taiwan University in Taipei in 2025 is more than 60% higher than last year due partly to affordability and proximity.
JAPAN
Aug 12, 2025
Japanese students who want to study abroad looking at options in Asia
Amid a weak yen, students are increasingly picking more affordable schools in the region, such as Taiwan, South Korea, Malaysia and the Philippines.
A person holds a Binance cryptocurrencies QR code at a store in La Paz, Bolivia. Binance is favored in the country for its low fees and educational resources for new users.
BUSINESS / Economy
Aug 8, 2025
In land of 25% inflation, crypto is starting to replace money in Bolivia
From small coffee shops to large corporations, signs of cryptocurrencies being rapidly adoption are everywhere in the landlocked nation of 11 million in South America.
A Bank of Japan board member suggested the possibility of a rate hike by year-end, depending on the impact of U.S. tariffs, according to a summary of opinions from the central bank’s policy meeting last week.
BUSINESS / Economy
Aug 8, 2025
BOJ may exit wait-and-see mode by year-end, policy meeting summary says
Depending on the impact from U.S. tariffs, another rate hike then might be possible, an unnamed board member hinted.
The government revised its real growth projection for fiscal year 2025 to 0.7%, down from the previous forecast of 1.2%.
BUSINESS / Economy
Aug 8, 2025
Japan lowers this year’s growth forecast as tariffs kick in
The downgrade partly reflects a darkening global economic outlook as a result of U.S. President Donald Trump’s tariff policies.
The National Personnel Authority recommended Thursday a 3.62% increase in average monthly base pay for public employees in the current fiscal year.
BUSINESS
Aug 7, 2025
Japan’s public workers set to get largest pay hike in 34 years
The rise in wages will come as a welcome development for policymakers at the Bank of Japan, who are seeking broad-based and lasting growth to support stable inflation.
LDP lawmaker Ken Saito
BUSINESS / Economy
Aug 6, 2025
Japan ruling party heavyweight warns against BOJ rate hike
The remark highlights the political pressure the BOJ could face in resuming rate hikes as higher U.S. levies hurt corporate profits.
Liberal Democratic Party lawmaker Taro Kono called for the Bank of Japan to tighten monetary policy to bolster the yen at a time when political leadership is under pressure after the ruling coalition lost its majority in the Upper House in an election last month.
BUSINESS / Economy
Aug 6, 2025
LDP’s Kono adds to chorus urging BOJ to tighten policy
Taro Kono’s remarks come after several prominent executives made similar pleas, though no economists expect a move when the BOJ next sets policy on Sept. 19.
Nominal wages in Japan rose 2.5% in June from a year earlier, accelerating from a revised 1.4% gain the previous month, according to the labor ministry.
BUSINESS / Economy
Aug 6, 2025
Japan’s nominal pay rises faster in June, backing case for BOJ rate hike
Nominal wages increased 2.5% in June from a year earlier, accelerating from a revised 1.4% gain the previous month and marking the steepest increase since February.

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