Key Facts
• Average rice price increased for the second week, reaching 4,155 yen for 5kg.
• This marks the first time in 13 weeks that prices exceeded 4,000 yen.
• From September 1 to 7, prices rose by 264 yen compared to the previous week.
• The 264-yen increase is the largest since statistics began in March 2022.
• High-priced new rice and reduced stockpile rice sales are key factors.
• Branded rice rose by 72 yen to 4,344 yen, maintaining high levels.
• Blended rice, including stockpile rice, saw a significant 440-yen increase to 3,725 yen.
• Two additional surveys confirmed a clear upward trend in rice prices.
Summary
The average price of rice in Japan has risen for the second consecutive week, reaching 4,155 yen for 5kg, the highest in 13 weeks. This 264-yen increase, the largest since March 2022, is attributed to reduced stockpile rice sales and the introduction of high-priced new rice. Branded rice prices remain high at 4,344 yen, while blended rice saw a sharp rise to 3,725 yen. Additional surveys confirm a clear upward trend in rice prices.
