TITILE:Sky high price rice
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According to Japan’s Kyodo News agency reported that on the 20th local time, the Japanese Ministry of Internal Affairs and Communications announced the national consumer price index in August, showing that rice prices rose 28.3% from the same period in 2023, the largest increase in about 49 years. The hot summer of 2023 resulted in a decrease in shipments. August coincided with a period of low inventory before the full launch of new rice, and high demand for reserves in case of disasters such as earthquakes and typhoons, pushing up the increase.
Rice, excluding Koshihiko, rose 29.9 percent, according to the report. Koshi rice rose 25.6 percent.
Author:Catherine
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