Back to today’s briefing

Story perspectives

Japan's Rice Prices Plummet Ahead of Election

6/24/2025

48 7

Summary

Ishiba's Rice Price Drop

Japan's retail rice prices have dipped to 3,920 yen ($27) for 5 kg, marking a significant decline below 4,000 yen for the first time in four months. This decrease, driven by government stockpile releases, arrives as Prime Minister Shigeru Ishiba prepares for an election, with rice prices having skyrocketed over the past year.

Summary

Japan Agency Pressures Agoda

The Japan Tourism Agency is pressing Agoda to resolve persistent booking problems that leave travelers arriving without confirmed reservations. Despite Agoda's efforts, issues continue, putting the company at risk of government penalties. This scenario underscores the mounting pressures on online travel agencies to meet the soaring expectations of Japan's tourism industry.

1 of 2

Ishiba's Rice Price Drop

Japan's retail rice prices have dipped to 3,920 yen ($27) for 5 kg, marking a significant decline below 4,000 yen for the first time in four months. This decrease, driven by government stockpile releases, arrives as Prime Minister Shigeru Ishiba prepares for an election, with rice prices having skyrocketed over the past year.

1 / 2