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Japan Rice Prices Surge Over 100 Percent in May Amid Rising Inflation Pressure
Rice prices in Japan have experienced a dramatic surge, more than doubling in May with a year-over-year increase of 101.7%, marking the steepest rise in over 50 years. This significant increase follows a 98.4% spike in April and a 92.1% year-over-year rise recorded in March, underscoring the growing concerns over staple food affordability in the country. The Japanese government has attempted to curb the rapid price rise by releasing emergency rice stockpiles, aiming to stabiliz
Japan Rice Prices Surge Over 100 Percent in May Amid Rising Inflation Pressure
Rice prices in Japan have experienced a dramatic surge, more than doubling in May with a year-over-year increase of 101.7%, marking the steepest rise in over 50 years. This significant increase follows a 98.4% spike in April and a 92.1% year-over-year rise recorded in March, underscoring the growing concerns over staple food affordability in the country. The Japanese government has attempted to curb the rapid price rise by releasing emergency rice stockpiles, aiming to stabiliz
Japan sees surprise GDP contraction amid weak exports, US trade risk
Japan's economy contracted in the first quarter of 2025 for the first time in a year, and the decline was sharper than expected. This latest data highlights the fragile nature of the country's recovery, now under added pressure from anticipated US trade actions that threaten to weigh further on exports and consumer sentiment. According to newly released government statistics, Japan’s real gross domestic product (GDP) shrank at an annualized rate of 0.7% from January
Japan sees surprise GDP contraction amid weak exports, US trade risk
Japan's economy contracted in the first quarter of 2025 for the first time in a year, and the decline was sharper than expected. This latest data highlights the fragile nature of the country's recovery, now under added pressure from anticipated US trade actions that threaten to weigh further on exports and consumer sentiment. According to newly released government statistics, Japan’s real gross domestic product (GDP) shrank at an annualized rate of 0.7% from January









