Loading…
The yen's purchasing power is nearing a 53-year low against major currencies, forcing Japan to pay more for imported energy and food. Higher import costs have pushed up prices on supermarket shelves.
Weak yen purchasing power raises the landed cost of imported feed grains and ingredients for Japanese buyers, pressuring their margins.
asia.nikkei.comTOSHIHIRO SATO, HIROFUMI KANAOKA, TAKAHISA TAMURA, Nikkei staff writersAug 29, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
