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Japan's rice prices soar 98% amid shortages, policy backlash

punchng.com/japans...

submitted 8 months ago by uzong

Japan's rice prices soar 98% amid shortages, policy backlash

submitted 8 months ago by uzong

Japan's rice prices soar 98% amid shortages, policy backlash
  • Japanese rice prices have surged by 98% due to shortages caused by factors like a hot summer, increased demand, and hoarding.
  • The government is facing challenges as it tries to manage the situation, including selling emergency reserves, but experts believe that rice inflation may start to ease soon.
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