Government Intervenes as Japan’s Rice Inflation Surges

Government Intervenes as Japan’s Rice Inflation Surges

Japan is releasing 210,000 tonnes of emergency rice reserves for the first time due to soaring prices and supply disruptions. Extreme heat in 2023 triggered crop shortages and panic buying, pushing prices up 80%. Will this move ease inflation, or is Japan facing a deeper food crisis?

Sources: CNA
Title: Japan to release emergency rice reserves as prices soar

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