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On any list of central bankers dying to get off this crazy thing called 2025, Japan’s Kazuo Ueda deserves a spot at the very ...
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Japan faces a ‘rice crisis’ as price nearly doubles for food staple
Japan was once known for its low levels of inflation, but the COVID-19 pandemic and the Ukraine war helped reverse the decades-long trend in 2022. Labour shortages have further compounded the problem.
Japanese inflation spiked at a two-year high in April, data showed Friday, as rice prices almost doubled, turning focus on the central bank as it mulls.
The price of rice doubled in Japan in the 12 months to May, data showed Friday, as an acceleration in inflation piled fresh pressure on Prime Minister Shigeru Ishiba ahead of key elections next month.
Japanese inflation spiked to a two-year high in April, data showed Friday, as rice prices almost doubled, turning focus on the central bank as it mulls more interest rate hikes amid the Trump ...
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