Tokyo, June 20, 2025 (AFP) - Rice prices double as Japan's core inflation hits 3.7%

NAMPA / AFP

2025-06-20

Japan's core inflation rate accelerated to 3.7 percent in May, official data showed Friday, posing a threat to Prime Minister Shigeru Ishiba's leadership ahead of July elections. Rice prices were more than twice as high compared to a year previously, despite the government releasing its emergency stockpile of the staple grain. Frustration over inflation threatens to deal a blow to Ishiba's ruling Liberal Democratic Party next month, when an elect......

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