Reported 2 days ago
Japan plans a minister-level meeting to address rising rice prices, as announced by Prime Minister Shigeru Ishiba. With prices more than doubled over the past year, the government has released 300,000 metric tons of rice from stockpiles to stabilize the market ahead of an upcoming election. Retailers are starting to sell this stockpiled rice at significantly lower prices than current market averages, as the government seeks to ease inflation concerns among households.
Source: YAHOO