# Japan core inflation dips to lowest since March as rice prices cool

> Japan's core inflation eased to 3.1% in July from 3.3% in June, above the 3% expected, as rice inflation slowed to 90.7% from 100.2%. Supermarket rice averaged 3,737 yen per five-kilogram bag in early August, below the earlier peak of 4,285 yen. Core-core inflation held at 3.4%.

- Date: 2025-08-21 · published 2025-08-21T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/11824-japan-core-inflation-dips-to-lowest-since-march-as-rice-prices-cool
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Easing domestic rice prices reduce the urgency for Japanese buyers to secure imports, but Japanese food inflation remains elevated.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2025-11-14 | [Thai rice sector in crisis as yields fall, costs rise and export prices hit 15-year low](https://feedsoft.ai/events/22034-thai-rice-sector-in-crisis-as-yields-fall-costs-rise-and-export-prices-hit-15.md) | -0.9% | -2.6% |
| RICE | 2017-03-30 | [Rise prices rise in India, Thailand on stronger currencies](https://feedsoft.ai/events/72059-rise-prices-rise-in-india-thailand-on-stronger-currencies.md) | +3.1% | -7.4% |
| RICE | 2016-08-14 | [Global prices, bumper crop, monsoon bring relief: Farm clouds begin to clear](https://feedsoft.ai/events/9954-global-prices-bumper-crop-monsoon-bring-relief-farm-clouds-begin-to-clear.md) | +6.2% | -1.6% |
| RICE | 2024-07-19 | [Commodity prices falling for very different reasons - PricePedia](https://feedsoft.ai/events/4977-commodity-prices-falling-for-very-different-reasons-pricepedia.md) | +5.0% | +2.9% |

## Sources

- cnbc.com: https://www.cnbc.com/2025/08/22/japan-core-inflation-dips-to-lowest-since-march-as-rice-prices-cool-toyko-cpi-food-energy.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.