Japan reports inflation hit 4 per cent, 41-year high in December

TOKYO, Jan 20 (devdiscourse.com) - Japan's consumer inflation rate hit a 41-year high of 4 per cent in December, as prices for everything from burgers to gas surged.

That rate is still relatively low, compared to some other nations, including the US Japan, the world's third-largest economy, has been fending off deflation, or chronically falling prices, for decades.

The last time core consumer prices rose that much was December 1981, the Ministry of Internal Affairs and Communications said.

The Federal Reserve and many other central banks have raised interest rates to tame inflation but the Bank of Japan has kept its benchmark rate at a longstanding low level of minus 0.1 per cent.

A sharp weakening of the Japanese yen against the US dollar and other currencies has added to pressures on the BOJ and speculation has been building that it might soon shift course and start raising interest rates.

Japan's core consumer price index, excluding fresh food, rose 2.3 per cent in 2022 from the year before, the highest in 31 years, the ministry said.

Japan Faces Legal Hurdles in Deploying Military for Bear Control

Japan’s worsening bear problem has prompted calls for national intervention, but legal and operational barriers have complicated the government’s response. In 2025, bear attacks have reached record levels, leaving 12 people dead—double the previous high of six fatalities in 2023.

Moths Threaten Kyoto’s Famous Bamboo Shoots

Kyoto’s prized bamboo shoots, a seasonal delicacy that graces dining tables each spring, are facing an unprecedented crisis this year. The culprit is the Chinese bamboo moth (Sinachiku nomeiga), whose larvae feed on bamboo leaves, weakening the plants and severely reducing harvest yields.

Typhoon No. 25 (Kalmaegi) Moves West, No Direct Impact on Japan

Typhoon No. 25 (Kalmaegi) is currently located east of the Philippines and moving west-northwest. The storm is expected to continue on a westward track, passing near the Philippines before entering the South China Sea. Weather agencies forecast that the typhoon will not have a direct impact on Japan.

Shibuya Crowds Subdued in Rain Soaked Halloween

Halloween Eve in Shibuya still drew a festive atmosphere, with people gathering in costume and enjoying the night. Tokyo police deployed several hundred officers, including the well-known “DJ police,” to manage the crowds and prevent congestion at the famous Shibuya Scramble Crossing.

Takaichi and Xi Hold 10-Second Handshake

Japanese Prime Minister Takaichi and Chinese President Xi Jinping stood side by side before the cameras on October 31st at 5 p.m. for a moment that drew intense attention. “Hello, please this way,” said Xi as the two leaders exchanged a handshake lasting roughly 10 seconds in front of their national flags. Takaichi’s expression was stiff at first but softened slightly into a faint smile, while Xi’s face remained largely unchanged.

MEDIA CHANNELS

MORE Business NEWS

Tokyo Apartments Blow Past 100 Million Yen; What’s Driving the Spike

Condominium prices show little sign of cooling as even secondhand units in central Tokyo are routinely listed above 100 million yen, with a recent survey indicating the average price of new condominiums launched in the 23 wards in the first half of this fiscal year reached about 133.09 million yen and resale units have exceeded 100 million yen for five consecutive months, underscoring a market in which construction and labor costs have jumped, demand has spilled over into used stock, and buyers are being urged to scrutinize properties more carefully.

Nikkei Closes at Record High, Surpassing 52,000 Yen for the First Time

The Nikkei Stock Average closed at a record high of 52,411 yen on October 31st, up 1,085 yen from the previous day, marking the first time in history it has ended above the 52,000-yen level. This is the third consecutive day the index has reached a new all-time closing high.

Chinese Paper Companies Surge in Osaka Ahead of Visa Tightening

In a quiet neighborhood of Osaka stands a four-story building with around 40 rooms. Yet more than 100 companies are registered there, despite the absence of any visible workers.

UK Buyers Captivated by Yame Tea

Two tea buyers from London arrived in Fukuoka on October 28th to explore the unique appeal of Yame tea, one of Japan’s most celebrated green teas. The visit, organized by Fukuoka Prefecture as part of efforts to expand agricultural exports, aimed to introduce the rich aroma and depth of Yame tea to the United Kingdom, a nation long associated with black tea culture.

Japan Mobility Show Opens, Toyota Unveils Century Coupe

The Japan Mobility Show opened on October 29th, marking the start of Japan’s premier automotive exhibition, where foreign manufacturers are stepping up their entry into the country’s growing electric vehicle (EV) market.

Nikkei Closes Above 50,000 for the First Time Ever

The Nikkei Stock Average closed at 50,512 yen on October 27th, surpassing the 50,000 mark for the first time in history and setting a new all-time high. The benchmark index rose 1,212 yen from the previous trading day, driven by strong gains across sectors.

McDonald's Japan to End Paper Straws

McDonald's Japan announced it will phase out the use of paper straws and introduce new lids that allow customers to drink directly from the cup without a straw starting on November 19th.

'50-Year' Home Loans Surge as Construction Costs Rise

More homebuyers in Japan are turning to ultra-long housing loans, with some mortgages now stretching as long as 50 years as buyers try to keep monthly payments down in the face of sharply higher construction costs.

< 2 3 4 5 >