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Japan's economy unexpectedly contracted by an annualised 1.2% in the three months to September. Weak yen-driven import costs weighed on household spending.
Economists still expect a return to expansion later in the year.
A weaker Japanese economy and costlier imports reduce demand for imported feed and food inputs at the margin. The effect on prices is modest, given that the yen weakness is already well known.
bbc.comAdd as preferred on GoogleNov 15, 2022Not 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.
