Japan’s Rice Prices Surge 98%, Fueling Economic Woes
By Ayomide Otitoju Japan’s inflation data released Friday revealed a staggering 98% year-on-year rise in rice prices last month, highlighting a growing crisis that is drawing public ire and complicating efforts by Prime Minister Shigeru Ishiba’s government to manage the economy. The sharp increase in rice prices—central to Japanese cuisine and culture—is largely attributed to…