Japan breaks with policy of not controlling rice prices
With the average price of rice now doubled from the same period last year — reaching more than ¥4,000 for 5 kilograms at supermarkets — much attention is being paid to…
Inflation
Procedures launched to sell Japanese government’s rice at fixed prices
The ministry hopes to offer the rice at about ¥2,000 for five kilograms at supermarkets and elsewhere in early June.
South Korean won hits 7-month high, paving way for Bank of Korea rate cut
The won’s recent appreciation provides the BOK with more room to cut its base rate by a quarter percentage point, as it currently stands at 2.75 percent.
Indonesian government evaluates airline ticket pricing formula amid rising costs
Garuda Indonesia said flying an aircraft from Jakarta to Bali previously cost Rp 194 million (US$11,876) per flight in 2019, but has risen by 38 percent to Rp 269 million per…
Electricity prices surge in Laos amid rising demand and weakened kip
On social media, many Lao citizens have shared photos of their monthly electricity bills, expressing shock at how much the costs have risen.
Malaysia’s April inflation remains steady
The consumer price index (CPI) stood at 134.3 as against 132.4 in the same month a year ago, according to the Statistics Department.
Skyrocketing rice prices in Japan to cause sake price tags to rise too
While rice for sake production has long been traded at a higher price than table rice, the price of table rice is now higher than that of sake rice, causing an increasing number…
Soaring rice prices: Shift to agricultural policy based on consumers’ perspective- The Japan News
The government must show strong determination to curb rice prices and take action for that purpose.
Inflation in Japan fires up populism, erodes political stability
Not only rice but most daily commodities have increased in price, which has diminished the popularity of the Japanese government.
Filipinos still spending less in small neighbourhood stores–study
Consumers have increasingly opted for smaller, more frequent purchases to stretch their limited disposable income.