Tag - inflation

 
 

INFLATION

Currently, the country's average minimum hourly wage is ¥1,055, following a record increase of ¥51, or 2.1%, in fiscal 2024.
BUSINESS
Jul 11, 2025
Japan starts fiscal 2025 minimum wage talks
Currently, the country's average minimum hourly wage is ¥1,055, following a record increase of ¥51 in fiscal 2024.
Junko Koeda, one of the latest members of the Bank of Japan's policy board, speaks during an interview at the central bank's headquarters in Tokyo on Monday.
BUSINESS / Economy
Jul 9, 2025
New board member hints at possible raising of BOJ's price outlook
Junko Koeda, a former Waseda University economics professor, on Monday gave her first media interview since joining the board in March.
Japanese households are struggling to keep up with price increases as salary growth lags.
BUSINESS / Economy
Jul 7, 2025
Real wages fall for fifth straight month in May
The 2.9% decline was the biggest fall in inflation-adjusted pay in Japan in almost two years.
Agriculture minister Shinjiro Koizumi speaks to reporters in Tokyo on Friday.
JAPAN
Jul 5, 2025
Government to release stockpiled rice for processed foods from August
The government will release its stockpiled rice for use in processed foods and beverages such as miso, rice crackers, sake and shōchū distilled spirits.
Farmers spray herbicide at Kazuhachi Hosaka's rice farm in Joetsu, Niigata Prefecture, on June 19.
JAPAN
Jul 5, 2025
In reversal, Japan now wants rice farmers to produce more. Will it work?
The new direction has taken on an unexpected urgency as Japan grapples with a shortage of the all-important staple.
Inflation is surprisingly strong, increasing the possibility that the Bank of Japan will raise its interest rate by the end of the year, according to Tsutomu Watanabe, an emeritus economics professor at the University of Tokyo.
BUSINESS / Economy
Jul 4, 2025
Japan's inflation is outpacing BOJ's view, expert says
The remarks of Tsutomu Watanabe, a former central bank official, are likely to feed market expectations for another interest rate hike this year.
Yumiko Watanabe (left), head of nonprofit group Kidsdoor, announces in Tokyo last month the results of a survey conducted on struggling families.
JAPAN / Society
Jul 4, 2025
80% of lower-income families in Japan say financial situation getting worse
Many respondents cited the price of rice as a key factor, with some saying they are struggling to put enough food on the table.
Outlays by households in Japan, adjusted for inflation, gained 4.7% from a year ago in May, according to the internal affairs ministry.
BUSINESS / Economy
Jul 4, 2025
Japan’s households boost spending by most since summer of 2022
Consumption makes up more than half of Japan’s economic output and could determine whether the economy will enter or avoid a technical recession.
Outlays by households in Japan, adjusted for inflation, gained 4.7% from a year ago in May, according to the internal affairs ministry.
BUSINESS / Economy
Jul 4, 2025
Japan’s households boost spending by most since summer of 2022
Consumption makes up more than half of Japan’s economic output and could determine whether the economy will enter or avoid a technical recession.
Workers at 5,162 companies affiliated with Rengo secured an average wage increase of 5.25% in this year’s negotiations, according to the final update of pay deals announced Thursday.
BUSINESS / Companies
Jul 4, 2025
Japan’s 2025 wage talks conclude with highest gain in 34 years
Workers at 5,162 companies affiliated with Rengo secured an average wage increase of 5.25% in this year’s negotiations.
Yuichiro Tamaki, head of the Democratic Party for the People, speaks during an interview on Tuesday at the parliament building.
JAPAN / Politics
Jul 2, 2025
DPP pledges to increase take-home pay ahead of Upper House election
The opposition party is looking to raise its seat count in the chamber to 21, which would enable it to independently submit bills needing budgetary measures.
The Bank of Japan's latest <i>tankan</i> survey beat consensus forecasts as the economy held up better than expected.
BUSINESS / Economy
Jul 1, 2025
Large Japanese companies surprisingly optimistic as U.S. tariffs bite 
In the tankan survey, automakers and smaller companies were relatively pessimistic.
Food price hikes in July are especially being set for confectionery items such as potato chips and chocolate.
BUSINESS / Economy
Jun 30, 2025
Japan to see markups for 2,105 food items in July
Higher raw material, energy and labor costs are primary factors behind the expected price hikes in July.
Prime Minister Shigeru Ishiba speaks during a news conference in Tokyo on Monday. Inflation in Tokyo slowed in June for the first time in four months as a result of government steps to reduce utility and gasoline prices.
JAPAN / Politics
Jun 29, 2025
Measures to ease inflation must be speedy, says Prime Minister Ishiba
Ishiba has opposed lowering the sales tax ahead of an Upper House election where voters will vote on the performance of his minority government.
Government-stockpiled rice aiming at resolving persisting price rises displayed at a supermarket in Tokyo on May 31
BUSINESS
Jun 27, 2025
Japan private-sector rice imports soar in May
Restaurants and consumers are increasingly turning to U.S. brands in search of cheaper prices.
Consumer prices excluding fresh food rose 3.1% in the capital in June from a year earlier, lower than the median economist forecast but still well above the Bank of Japan’s price goal of 2%.
BUSINESS / Economy
Jun 27, 2025
Tokyo inflation eases as energy costs cool ahead of election
Consumer prices excluding fresh food rose 3.1% in the capital in June from a year earlier, according to the Ministry of Internal Affairs and Communications.
Apartment rents in the capital climbed 1.3% from a year earlier in April and May for the largest gains since 1994, government data shows.
BUSINESS / Economy
Jun 26, 2025
Tokyo rents rising at fastest pace in 30 years backs case for BOJ rate hikes
Bigger outlays for accommodation are likely to further fuel a change in inflation expectations and behavior among households of all sizes.
The Bank of Japan headquarters in Tokyo.
BUSINESS / Economy
Jun 25, 2025
BOJ record signals consensus that inflation is faster than expected
The board’s views indicate it’s possible the bank will raise its inflation forecast in a quarterly economic report at the July meeting.
Bentos are popular with a wide range of people in Japan for convenience and price.
BUSINESS / Companies
Jun 24, 2025
Bento shop bankruptcies could hit a record in 2025
Inflation, weak economic growth and work-at-home arrangements are leading to a decline in sales, lower profits and losses.
A customer picks up a bag of government-stockpiled rice sold at a convenience store in Tokyo.
JAPAN
Jun 24, 2025
Price of rice in Japan falls below ¥4,000 per 5 kilograms
Prime Minister Shigeru Ishiba had aimed to push down rice prices to the ¥3,000-¥4,000 range by as early as mid-June.

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