An avian influenza outbreak and rising feed prices are behind a scarcity of hen eggs in Japan that has led to rising costs for well-liked restaurant objects together with beef bowl dishes in addition to the family staple mayonnaise.
Poultry farmers had been already lowering the variety of egg-laying hens in response to hovering feed costs fueled by the struggle in Ukraine when fowl flu hit Japan late final 12 months. The enhance in hen culls has made the provision of eggs unstable, inflicting wholesale costs to skyrocket.
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Feb 23 (日テレNEWS) – 物価高の中、“値段が高くても売れている”という動きが出ています。都内のスーパーでは、鳥インフルエンザなどの影響で、「安い卵」の値段が高騰。値段がほとんど変わらなくなった高品質の「高い卵」の売れ行きが良いといいます。
Japan egg costs surge on fowl flu, prices of feed and labor
Nikkei – Feb 23
An avian influenza outbreak and rising feed prices are behind a scarcity of hen eggs in Japan that has led to rising costs for well-liked restaurant objects together with beef bowl dishes in addition to the family staple mayonnaise.

Undeclared revenue of rich in Japan hits document excessive
Japan Times – Feb 20
The undeclared revenue of rich individuals totaled Y83.9 billion within the 12 months by means of June 2022, up 72.3% from the previous 12 months and the best annual stage since knowledge grew to become obtainable within the 12 months to June 2010.

Japan to launch pilot programme for issuing digital yen
nasdaq.com – Feb 18
Japan will begin a pilot programme in April to check using a digital yen, its central financial institution mentioned on Friday, becoming a member of a rising variety of nations searching for to meet up with front-runner China in launching a central financial institution digital foreign money (CBDC).

Why Japan picked Ueda as BOJ head as an alternative of Amamiya
Nikkei – Feb 14
The Japanese authorities has determined to appoint economics professor and former Bank of Japan coverage board member Kazuo Ueda because the successor to Gov. Haruhiko Kuroda. The shock selection got here after Deputy Gov. Masayoshi Amamiya, who was thought-about the favourite, declined the supply due to two firmly held beliefs.

Packed with vacationers, Japan returns to financial development
nytimes.com – Feb 14
After greater than two years underneath a few of the world’s tightest border controls, Japan is as soon as once more open for enterprise. Tourist spots are packed. Hotels are booked out effectively upfront. And it’s getting tougher to get a seat at most of the nation’s finest eating places.

Japan’s debt time bomb to complicate BOJ exit path
brecorder.com – Feb 11
Japan’s ticking debt time bomb will seemingly complicate the following central financial institution governor’s activity of steering a clean exit from ultra-loose financial settings, with rising long-term rates of interest already forcing policymakers to amend funds projections.
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