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Japan rice price index projects decline NHK

A: Hey there! Guess what I read today?

B: What's up, man? Tell me!

A: So, it looks like our beloved rice might become a bit more affordable soon! The Rice Stable Supply Support Organization just released some info.

B: Really? How come?

A: They said the government stockpiles have been released into the market, and that's causing expectations for prices to drop in the next three months.

B: Whoa, sounds serious! How bad is it?

A: Well, the index dropped by 24 points from last month, which is the most since they started this survey back in 2012!

B: Whoa... that's quite a big change! So, what about current prices? Are they going up or down?

A: Actually, it seems like the index for current rice prices fell by 10 points. But don't worry, a reading of 100 means people still expect prices to be higher than last month, just not as high as before!
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A survey shows Japan's growers and wholesalers expect rice prices to drop over the next three months as government stockpiles have been released into the market. The price outlook index as of June fell by the most on record.



The Rice Stable Supply Support Organization released the findings of its June survey on Friday. The index on the outlook for the next three months dropped by 24 points from a month earlier to 35, on a zero to 100 scale.
The margin of decline was the largest since the survey began in 2012.



The index for the current rice prices fell 10 points to 83.
A reading of 100 means respondents strongly expect prices to be higher compared with the previous month.
Summary
Japan's rice price outlook index dropped by a record-breaking 24 points in June, indicating expectations for prices to decrease over the next three months due to released government stockpiles. The current rice price index fell by 10 points, with a reading of 100 signifying anticipation of higher
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ID: 8f950dad-db6a-4c2c-967d-c5bd84b7a481

Category ID: nhk

URL: https://www3.nhk.or.jp/nhkworld/en/news/20250704_B4/

Created: 2025/07/05 07:12

Updated: 2025/12/08 03:26

Last Read: 2025/07/05 08:26