Japan Rice Prices Drop After Weeks of Increases | Stock Release Impact #japanrice #riceprices
[Music] after weeks of steady increases rice prices in Japan have finally shown a slight decline offering some relief to consumers according to the Ministry of Agriculture Forestry and Fisheries the average price of rice at around 1,000 supermarkets across the country dropped to 4,260 yen per 5 kg including tax during the week ending May 2025 this marks at 25 yen decreases from the previous week and is the first fall in prices in the past 3 weeks the ministry attributed this decline to the release of government stockpile price which has now started appearing on retail shelves in an effort to control the sharp price rise and rise prices while the move has begun to ease pressure on retail prices official note that the current average is still almost twice as high as it was during the same period last year the situation highlights ongoing concern about food price inflation in Japan and the critical role of government intervention and dabilizing essential commodity markets stay tuned for more update [Music]
Japan Rice Prices Drop After Weeks of Increases | Stock Release Impact #japanrice #riceprices
After weeks of steady increases, rice prices in Japan have finally shown a slight decline, offering some relief to consumers. According to the Ministry of Agriculture, Forestry and Fisheries, the average price of rice at around 1,000 supermarkets across the country dropped to 4,260 yen per 5 kilograms, including tax, during the week ending May 25. This marks a 25 yen decrease from the previous week and is the first fall in prices in the past three weeks.
The ministry attributed this decline to the release of government stockpiled rice, which has now started appearing on retail shelves. In an effort to control the sharp rise in rice prices, the Japanese government had released a total of 310,000 tons of stockpiled rice through auctions held between March and April. While this move has begun to ease pressure on retail prices, officials note that the current average is still almost twice as high as it was during the same period last year. The situation highlights ongoing concerns about food price inflation in Japan and the critical role of government intervention in stabilizing essential commodity markets.
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