Kyoko HASEGAWA Rice prices in Japan soared 99.2 percent in June year-on-year, official data showed Friday, piling further pressure on Prime Minister Shigeru Ishiba ahead of elections this weekend. Public support for Ishiba’s administration has tumbled to its lowest level since he took office last year, partly because of frustration over the cost of living. […]
May 23, 2025 (MLN): Japan’s core inflation rose to 3.5% in April, driven partly by a sharp increase in rice prices, according to government data released Friday. The acceleration comes as the Bank of Japan weighs a possible pause in its interest rate hikes to assess the effects of new U.S. tariffs. The core inflation […]
Exports have risen for 20 consecutive months despite unprecedented food inflation. (Web Desk) – Pakistan’s raw food exports increased by 1.62per cent to $5.75 billion in the first nine months of the current fiscal year, up from $4.66 billion during the same period last year, largely due to a notable surge in sugar and basmati […]
The Japanese government on April 9 announced that it would release another 100,000 tons of stockpiled rice onto the market — the third such move to combat the recent surge in prices of the staple. Further releases are planned monthly through July. The sharp rise in prices has dealt a blow to our daily lives, […]
By Toru Fujioka / Bloomberg Consumer inflation picked up last month, bolstered in part by surging rice prices, supporting the central bank’s stance on a gradual rate hike path before U.S. tariff measures clouded the economic outlook. Consumer prices, excluding fresh food, rose 3.2% from a year ago in March, accelerating from a 3% increase […]
By TED CORDERO, GMA Integrated News Inflation print of the country’s food staple rice, which had been trailing at double-digits since late last year, continued its downtrend to a single digit in November still amid combined base effects and impact of reduced tariff rates for the imported grain, the Philippine Statistics Authority (PSA) reported Thursday. […]
The onslaught from six storms caused at least US$131 million of crop losses, with rice bearing the brunt of the damage Bloomberg Six powerful storms late in the season that ravaged crops and drenched vast areas of the Philippines have put the nation on track for record rice imports and raised concerns over elevated food […]
Arthur Fuentes, Benise Balaoing, ABS-CBN News MANILA (UPDATE) — The Philippines’ headline inflation further eased to 1.9 percent in September amid slower increases in rice prices, the state statistics authority said Friday. September’s inflation rate was lower than the 3.3 percent seen in August and was the lowest since May 2020 when the inflation rate […]
By Beatriz Marie D. Cruz, Reporter RICE INFLATION may further cool in the coming months once India relaxes a ban on exports, analysts said. “India may reconsider its export ban, impacting international prices further. The stronger peso will also make imports cheaper, easing inflation further,” Union Bank of the Philippines, Inc., Chief Economist Ruben Carlo […]
Nigeria’s information minister said this is the first step as the government takes steps to address food shortages in the country. By Lanre Lasisi FILE: Bags of grains are offloaded from a truck at the market in Jibia on February 18, 2024. (Photo by Kola Sulaimon / AFP) The Federal Government has distributed 20 trucks […]
