- 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.
Financial Times — World — Inflation — Retail & Consumer Industry — Global Inflation — Japanese Business & Finance
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.