Egg Prices at Lowest Level for Two Years20 January 2012
JAPAN - The price of eggs in Japan has fallen to their lowest level in two years due to the strong yen.
According to the National Federation of Agricultural Co-operative Associations (Zen-Noh), the price of eggs briefly soared after the 11 March disaster because of a shortage. Then food processing companies switched to imported eggs which became cheaper due to the strong yen. This, in turn, drove down the prices of domestic eggs, according to JapanToday.
As a result, Zen-Noh says the price of a 1-kg carton of a dozen M-size eggs is 145 yen, which is 45 yen cheaper than this time last year.
Many supermarkets are currently offering special sales on eggs.