Rice shortage drives Japan's prices to record highs

Rice prices in Japan have reached record highs due to insufficient supplies, potentially impacting the cost of sushi and other rice-based foods. A poor 2023 harvest, caused by high temperatures, has reduced rice production, while demand from the restaurant and tourism sectors has increased, leading to rising prices for the staple food. The government has released strategic reserves to combat the issue. Despite government efforts, prices remain high, and consumer concerns are growing. Experts suggest the situation's resolution depends on rice availability after the Golden Week holiday, with potential for prolonged price increases.