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The top “Koshihikari” brand now sells for nearly 5,000 yen ($35) per 5 kilograms (11 pounds). Rice stocks at Japan ...
Japan’s core inflation rate accelerated in April to 3.5 percent. This happened as rice prices almost doubled year-on-year, ...
The consumer price reading rising 3.2% will likely cement expectations that the central bank will raise interest rates.
Japan’s rice prices have surged over 150%, triggering supermarket rationing, emergency reserves, and a ministerial ...