Tag - inflation

 
 

INFLATION

Bags of rice at a warehouse in Pyeongtaek, South Korea. Japan imported South Korean rice for the first time since 1999 this month amid soaring domestic prices for the staple grain.
BUSINESS / Economy
Apr 21, 2025
Japan buys first South Korean rice in over two decades as prices surge
The Japan office of South Korea’s National Agricultural Cooperative Federation said it brought in and sold 2 tons of Korean rice this month.
A historic surge in rice prices in Japan is prompting retailers to turn to cheaper ingredients like barley and noodles in bento meal boxes to keep costs down and hold on to customers.
JAPAN
Apr 20, 2025
Japanese retailers trying to overcome soaring rice prices
Some retailers are expanding the sale of lower-priced foreign rice.
The average price for 60 kilograms of unmilled rice in March stood at ¥25,876, down 2% from the previous month.
BUSINESS
Apr 18, 2025
Wholesaler rice prices in Japan see first drop in eight months
The average price for 60 kilograms of unmilled rice stood at ¥25,876, down 2% from the previous month but still up 68% from 2023 rice a year before.
Consumer prices excluding fresh food rose 3.2% from a year ago in March, accelerating from a 3% increase in the previous month, according to the internal affairs ministry.
BUSINESS / Economy
Apr 18, 2025
Japan’s inflation quickens as rice prices gain the most in over 50 years
The price of the nation’s staple grain rose 92.1% in March from a year earlier, the fastest pace in data going back to 1971.
Arata Hirano, owner of the restaurant Shokudou Arata, pours California-grown Calrose rice into a rice cooker at his restaurant in Tokyo.
JAPAN
Apr 17, 2025
More Japanese embracing foreign rice, even before it became a tariff topic
A change in mindset could allow Tokyo leeway to relax restrictions if rice becomes a thorny topic in tariff talks with U.S. President Donald Trump.
Government-stockpiled rice stacked in a warehouse in Feb. 18 in Saitama Prefecture
JAPAN
Apr 16, 2025
Japan to hold third auction of stockpiled rice next week
In total, 100,000 tons of reserved 2023 rice will be auctioned.
Recently, private companies have sharply increased rice imports while paying high tariffs, against the backdrop of shortages of rice as a staple food.
JAPAN
Apr 15, 2025
Finance Ministry calls for increasing tariff-free rice imports
Recently, private companies have sharply increased rice imports while paying high tariffs, against the backdrop of shortages of rice as a staple food.
Farm minister Taku Eto (second from right) meets with rice wholesalers and retailers on Monday.
JAPAN
Apr 15, 2025
Rice wholesalers and retailers call for better stockpile distribution
The average price of rice sold at supermarkets across the country in the week through April 6 rose for the 14th straight week.
In Europe, the PS5 digital edition will now cost €499.99 ($570.04), PlayStation said, while in Britain its price will be £429.99 ($566.53).
BUSINESS
Apr 14, 2025
Sony announces PS5 price hikes in some regions
The price of the PS5 digital edition, which has no disk drive, will rise by more than 10% in Europe, Britain and Australia.
The Liberal Democratic Party and Komeito are increasingly divided over economic measures to deal with inflation and U.S. tariffs.
JAPAN / Politics
Apr 12, 2025
Ruling coalition divided over consumption tax cut
While some are leaning toward a tax cut, LDP Secretary-General Hiroshi Moriyama and others are seeking a cash handout instead.
Commuters walk past a fruit store at a shopping arcade in Kyoto earlier this year.
BUSINESS / Economy
Apr 12, 2025
Survey forecasts 12% rise in inflation in Japan over coming year
Of those surveyed, 86.7% said that prices are likely to be higher in a year's time, up from 85.7%.
The Bank of Japan's headquarters in Tokyo
BUSINESS
Apr 11, 2025
Price expectations rise in Japan as tariffs cloud BOJ rate path
Households expect average annual inflation of 9.6% over the next five years, the highest since June 2006.
Producer prices of farm goods surged 19.7% in fiscal 2024 from the previous year, reflecting higher prices of rice sold to wholesalers.
BUSINESS
Apr 10, 2025
Japan producer prices rise 3.3% in fiscal 2024
According to a preliminary report by the Bank of Japan, the producer price index in the year through March hit a record high for the third straight year.
Stockpiled rice at a rice-polishing factory in Saitama Prefecture in March
JAPAN
Apr 9, 2025
Japan to release stockpiled rice monthly amid record high prices
The move comes after two previous releases appeared to have had little effect in stabilizing prices.
In a reflection of persistent price pressure, real wages declined for a second straight month in February, falling 1.2% from a year earlier.
BUSINESS / Economy
Apr 7, 2025
Japan’s nominal wages rise in bright spot as outlook darkens
Nominal cash earnings for workers climbed 3.1% in February from a year earlier, with the pace accelerating from a revised 1.8% in January, the labor ministry said Monday.
Household outlays declined 0.5% in February from a year earlier, led by falling outlays on clothes and footwear, housing and food.
BUSINESS / Economy
Apr 4, 2025
Japan’s household spending drops for first time in three months
The drop, ahead of sweeping tariffs announced by the U.S., was led by falling outlays on clothes and footwear, housing and food.
Aeon has released a ¥321 ($2.20) frozen bento boxed meal containing peperoncino pasta and a hamburger steak with tomato sauce, which went on sale on Wednesday.
BUSINESS / Companies
Apr 3, 2025
Japan retailers boost own-brand products amid inflation
Private-label products, which retailers develop with manufacturers, can be sold at lower prices than those of name-brand products because of reduced costs.
New students of the University of Tokyo attend an entrance ceremony at the Budokan Hall in Tokyo in April 2023.
JAPAN
Apr 3, 2025
Half of college students in Japan worry about living costs
Some students have said they refrain from buying things more often than they have previously.
Aeon launches blended rice "Nisui no Takumi" on Wednesday in the city of Chiba.
BUSINESS / Companies
Apr 2, 2025
Retailer Aeon to sell Japan-U.S. blended rice
Under the name "Nisui no Takumi," the blended rice will be sold from around April 10 at some 2,000 stores across Japan except the Hokkaido and the Tohoku region.
A report from Dai-ichi Life Research Institute shows that the cost of typical food items eaten at the gatherings known as hanami has risen 21.4% in the past six years.
BUSINESS / Economy
Apr 2, 2025
Inflation casts shadow over Japan’s cherry blossom season
A report shows that the cost of typical food items eaten at flower viewing gatherings has risen 21.4% in the past six years.

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Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan