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Japan's Inflation Eases Slightly Amid Soaring Cabbage Prices

3/21/2025

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Summary

Story summary

Japan's inflation showed signs of relief in February, with core prices climbing 3.0% year-on-year, a slight dip from January's 3.2%. Energy subsidies played a role in this easing, yet overall prices, including fresh food, still surged by 3.7%. Notably, cabbage prices skyrocketed by 130%, leading to emergency rice auctions as Prime Minister Shigeru Ishiba grapples with dwindling public support amid escalating costs.

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Story summary

Japan's inflation showed signs of relief in February, with core prices climbing 3.0% year-on-year, a slight dip from January's 3.2%. Energy subsidies played a role in this easing, yet overall prices, including fresh food, still surged by 3.7%. Notably, cabbage prices skyrocketed by 130%, leading to emergency rice auctions as Prime Minister Shigeru Ishiba grapples with dwindling public support amid escalating costs.