{"id":157976,"date":"2025-05-23T21:00:39","date_gmt":"2025-05-23T18:00:39","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=157976"},"modified":"2025-05-23T16:08:27","modified_gmt":"2025-05-23T13:08:27","slug":"japans-inflation-hits-3-5-as-food-prices-soar-and-tariff-risks-loom","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/japans-inflation-hits-3-5-as-food-prices-soar-and-tariff-risks-loom\/","title":{"rendered":"Japan\u2019s Inflation Hits 3.5% as Food Prices Soar and Tariff Risks Loom"},"content":{"rendered":"

The increase surpasses forecasts and keeps inflation well above the Bank of Japan\u2019s 2% target, complicating interest rate decisions.<\/p>\n

A key driver has been the surge in rice prices, which hit a record 4,268 yen ($28) for a 5kg bag. Despite releasing stockpiles, only 41% of government-auctioned rice has reached wholesalers. Prime Minister Shigeru Ishiba vowed to bring prices below 4,000 yen.<\/p>\n

The U.S. is set to impose a 24% reciprocal tariff in July, escalating pressure on Japan\u2019s economy unless a deal is reached. Earlier tariffs on steel, autos, and aluminum continue to weigh on trade.<\/p>\n