US EditionRice prices double in Japan as inflation accelerates
- Japan experienced a 101.7 percent rise in rice prices in May 2025, the largest increase since 1971, driving inflation up.
- This spike followed years of declining rice production affected by climate events, supply shortages worsened by panic buying last August.
- The government responded by releasing 200,000 tons of rice reserves in June to stabilize prices, selling to retailers at fixed prices.
- Japan’s core inflation rate hit 3.7 percent in May, marking six consecutive months above 3 percent, with rice accounting for about half of core inflation.
- Rice prices are expected to remain elevated for several months but may decline after the upcoming fall harvest, potentially easing inflationary pressure.
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Rice prices double in Japan as inflation accelerates
Rice prices doubled last month in Japan as core inflation accelerated, official data showed Friday, posing a threat to Prime Minister Shigeru Ishiba ahead of July elections.
·Cherokee County, United States
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The reference inflation rate in Japan, which discounts the impact of the evolution of fresh food prices, was 3.7 per cent last May, an increase of two tenths over the year-on-year reading in April and the biggest price increase since January 2023, according to the Ministry of the Interior and Communications.
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Total News Sources37
Leaning Left5Leaning Right7Center9Last UpdatedBias Distribution43% Center
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- 43% of the sources are Center
43% Center
L 24%
C 43%
R 33%
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