News article
August Consumer Price Index rises 1.7%; green tea hits record 31.5% gain amid global matcha popularity
Japan's August consumer price index (excluding fresh food) rose 1.7% year-on-year, with green tea posting a record 31.5% price increase driven by global matcha demand. The surge contrasts sharply with a 15.7% drop in rice prices following new-crop distribution—the largest rice decline in approximately 21 years. Overall food prices climbed 3.1%, with tuna up 24.4% due to Middle East tensions affecting fishing fuel costs.
8月消費者物価指数は1.7％上昇 新米流通でコメ価格が15.7％大幅下落 抹茶人気で緑茶が過去最高31.5％上昇 - Yahoo!ニュース
Key points
- Green tea prices jumped 31.5% YoY in August — a record high — attributed to worldwide matcha popularity.
- Rice prices fell 15.7%, the steepest drop in ~21 years, as new-crop supply entered distribution.
- Overall food inflation reached 3.1% despite rice deflation; tuna rose 24.4% from fuel-cost pressure on fishing.
- Core CPI (excl. fresh food) up 1.7% YoY, marking the 8th consecutive month below 2%.
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About this article
The numbers
Consumer price index rise (excl. fresh food): 1.7%
Green tea price increase: 31.5%
Rice price decline: 15.7%
Food price inflation: 3.1%
What they said
“Global matcha popularity has driven green tea prices to a record 31.5% increase.”
世界的な抹茶人気の影響で、緑茶が31.5％と過去最大の上昇となっています
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