News On Japan

Japan's wholesale prices jump 9% in Aug. as weak yen lifts import costs

Sep 13 (Kyodo) - Wholesale prices in Japan climbed 9.0 percent in August from a year earlier as the yen's tumble against the U.S. dollar and other major currencies boosted import costs, Bank of Japan data showed Tuesday.

It marked the 18th straight month of increase, lifting the corporate goods price index to 115.1 against the 2020 base of 100, renewing a record high, according to the central bank.

Import prices in yen terms grew 42.5 percent, the fifth consecutive month that the margin of increase has surpassed 40 percent. ...continue reading

News On Japan
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The 33rd Summer Olympics in Paris officially commenced with an opening ceremony held on the Seine River in the city center on the 26th (27th Japan time).

Japan's Ministry of Health, Labour and Welfare has initiated the creation of guidelines for taking home leftovers as part of its efforts to reduce food waste. Restaurants are hopeful for clear directions on preventing food poisoning.

Japan's Ministry of Health, Labour and Welfare have announced the average life expectancy for Japanese people last year, with women having an average life expectancy of 87.14 years, and men 81.09 years, both about half a month higher than the previous year.

Theft of air conditioner outdoor units has surged as Japan's heatwave continues, leaving some businesses unable to run critical cooling systems.

As power harassment allegations against the governor of Hyogo Prefecture continue to swirl, it has been revealed that another prefectural employee has passed away, with the prefecture delaying a formal announcement of the death by 3 months.

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