Japan’s pork and egg prices surge as inflation continues to bite
The average retail price of pork loin this month came to ¥293 per 100 grams, hitting the highest level since the survey began in August 2003.
Japan's pork and egg prices have reached record highs as inflation continues to impact the country, according to the latest monthly price survey released by the agriculture ministry. The average retail price of pork loin hit ¥293 per 100 grams, marking the highest level since the survey began in August 2003. Similarly, the average price for a pack of 10 eggs reached ¥309, matching a record high observed in March, May, and June.
The surge in pork prices is attributed to rising demand for domestic pork as imported produce becomes more expensive. This trend is also influenced by the weakening yen and increasing global demand for pork. The avian influenza outbreak last year has also contributed to the rise in egg prices, along with the introduction of seasonal products made with eggs at fast food chains. The monthly price survey encompasses 470 stores, with 10 locations in each of Japan's 47 prefectures, conducted from September 7 to 9.
Written by urgent.news from Japan Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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