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Japan's food and energy costs are rising rapidly due to market turmoil from the pandemic and Russia's invasion of Ukraine. The yen has hit a two-decade low against the dollar, down more than 18% since September.
A deep yen decline raises the cost of imported feed and energy for Japanese buyers, adding to food-cost inflation.
nytimes.comBen DooleyMay 10, 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.
