One of the major factors that pushed Japanese Prime Minister Shigeru Ishiba to resign over the weekend was inflation. Although Japan’s headline figure of 3% may not seem all that high, the country had grown accustomed to rates at or below 1% between 2012 and 2022. What’s more, the headline figure masks soaring prices for a major staple Japanese food: rice. The cause? Extreme heat in 2023 and an earthquake last year spurred major supply shortages. Here’s a fine-grain look at rice price trends over the past year.
Graphic Truth
Graphic Truth: Japan’s Rice Price Explosion
Eileen Zhang
By Zac Weisz,
Zac Weisz
Zac reports on global affairs, covering everything from battles between judicial branches and political leaders, to conflicts in Africa, Europe, and the Middle East. With the Trump administration keen to alter the world order, though, there’s a heavy emphasis right now on US politics – an area with which he is intimately familiar. Prior to joining GZERO, Zac was a senior national politics correspondent at National Journal, where he covered the 2024 presidential election from its inception to the dramatic finish, as well as major congressional actions during the Biden administration. Prior to journalism, Zac worked as an economic analyst for Oxford Economics, calculating the impact of various tax policies, and of Britain’s exit from the European Union. Born in London, he currently resides in New York City, where you can find him playing football (the original version) or watching it on television while attempting to cook up a storm.
Eileen Zhang
