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Japan's Rice Prices Plummet, Still 50% Higher Yearly

7/14/2025

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Summary

Story summary

Retail rice prices in Japan have seen a steady decline for seven weeks, now averaging 3,602 yen (around $24) for 5 kilograms as of July 6. This drop is linked to a surge in government stockpiled rice availability. However, prices are still a staggering 50% higher than last year, with Kyushu and Okinawa offering the lowest rates just above 3,000 yen.

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Story summary

Retail rice prices in Japan have seen a steady decline for seven weeks, now averaging 3,602 yen (around $24) for 5 kilograms as of July 6. This drop is linked to a surge in government stockpiled rice availability. However, prices are still a staggering 50% higher than last year, with Kyushu and Okinawa offering the lowest rates just above 3,000 yen.