Japan’s common rice value hit a brand new report excessive since statistics started in March 2022, following a small decline, in response to agriculture ministry knowledge.
Within the week ended final Sunday, the typical value of rice offered at about 1,000 supermarkets throughout Japan rose by ¥93 from the earlier week to ¥4,416 per 5 kilograms, the information launched by the ministry Friday confirmed.
The common value fell by ¥14 to ¥4,323 within the week ended Dec. 28 final 12 months.
Within the newest reporting week, the worth of “model rice,” primarily newly harvested rice, grew by ¥21 to ¥4,516. Model rice accounted for 74% of complete rice gross sales, up 2 share factors.
The value of comparatively low cost blended rice climbed by ¥261, with the share of blended rice falling to 26%.
A separate survey of about 1,200 supermarkets confirmed that the typical rice value went up ¥291 to ¥4,176.
