Japan: Food Inflation Presents Challenges and Opportunities
Link to report:
Following more than two decades of flat or declining prices, the Japanese economy has experienced sustained price rises over the past year and a half due to global geopolitical factors as well as a significant weakening of the Japanese yen against the U.S. dollar. Food prices have risen at rates of over 8 percent year-on-year since March 2023 with certain products rising at double-digit levels. This report provides an overview of the economic landscape in Japan with specific analysis on the top U.S. agricultural export items to Japan.
