Chicken nuggets, tofu and bidets: how 3 items tell the story of Japanese inflation

The war in Ukraine and the pandemic have together achieved what decades of Japanese central bankers have struggled to do: boost prices in a stagnant economy. Consumer prices in Japan's most advanced economy have risen at their fastest rate in four decades.

March 10, 2023 . 8:49 PM

1 min read

Incoming Bank of Japan governor Kazuo Ueda said he could no longer buy a lunchbox at his university convenience store with a single ¥500 coin.
The average auction price for wheat this year is set to be about 30% higher than a year earlier.
Consumer prices, excluding volatile food and energy prices, rose at a rate of 3.2% in January, the fastest pace since 1990.
Toto’s Washlet bidet has seen an up to 8% price increase due to rising prices of materials such as resin and copper.
Japan's core consumer price index has surpassed the Bank of Japan's target for nine straight months, rising at a rate of 4.2% in January.