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Japan Boosts Rice Sales Amid Soaring Prices and Demand

4/9/2025

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Story summary
  • Japan plans to increase monthly rice sales from its emergency stockpile until July to curb rising prices.
  • Rice prices have soared, with 5 kg now costing 4,206 yen ($29), a 104.5% increase from last year.
  • The government has released 212,000 tons of rice, with an additional 100,000 tons scheduled for auction in late April.
  • Price hikes are attributed to poor harvests, panic-buying, and increased consumption driven by tourism.