Core Viewpoint - The Governor of the Bank of Japan, Kazuo Ueda, acknowledges the impact of rising food prices on households [1] Group 1 - The Bank of Japan is aware of the challenges posed by increasing food prices to family budgets [1]

Core Insights - The report from the Japan Imperial Database indicates that 1,932 food items are set to increase in price in June, approximately three times the amount from the same period last year [1] - The rise in prices is attributed to various factors including increased raw material costs, higher production costs due to rising energy prices, labor shortages leading to increased labor costs, and elevated logistics costs [1] - Cumulatively, 16,224 food items have already seen price increases in 2025, with expectations that the total number of items with price hikes will exceed 20,000 for the first time since 2023 [1] Price Increase Trends - The report highlights that boxed rice is among the items with the highest price increases due to the surge in rice prices [1] - The overall trend reflects a significant impact on the food industry, driven by multiple cost pressures [1]

Core Viewpoint - The Governor of the Bank of Japan, Kazuo Ueda, emphasizes the need for cautious evaluation of the impact of rising food prices on core inflation, as the underlying inflation level is now closer to the 2% target compared to a few years ago [1] Group 1 - The current level of underlying inflation is approaching the 2% target, indicating a shift in economic conditions [1] - The Bank of Japan is focusing on the effects of food price increases on core inflation metrics [1]

Core Insights - The Governor of the Bank of Japan, Kazuo Ueda, indicated that there remains uncertainty regarding winter bonuses and the spring wage negotiations for the following year [1] - It is expected that the rise in food prices will gradually stabilize [1] Group 1 - Uncertainty exists in the context of winter bonuses and upcoming wage negotiations [1] - Anticipation of stabilization in food price increases [1]

Group 1 - The core viewpoint is that the overall consumption in Japan has not been significantly affected by the rise in food prices [1] Group 2 - The statement reflects the perspective of the Bank of Japan's Governor Kazuo Ueda regarding consumer behavior amidst inflationary pressures [1]

Core Viewpoint - The Bank of Japan emphasizes the need to monitor the recent increases in food prices, such as rice, as these may lead to second-round effects on overall inflation through changes in household sentiment and inflation expectations [1] Group 1 - The recent rise in food prices is a significant concern for the Bank of Japan [1] - There is a potential for these price increases to influence household sentiment [1] - Changes in inflation expectations may arise as a result of the rising food prices [1]