date:Aug 18, 2016
A combination of supply shortages and rising global demand are causing imported food prices to rise in Japan, in spite of a stronger yen. Supply-side troubles have affected bananas in particular, with disease and drought ravaging plantations in the Philippines, driving up prices there.
Imports of Philippine-grown bananas, which account for around 90% of total Japanese imports of the fruit, fell 10% on the year to 394,287 tons. From January to June, Japan imported 72,984 tons of bananas grown i