Japan to Face Price Hikes on over 3,000 Food Items in October

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How long will this continue? This autumn, another wave of price increases is sweeping the country, and the soaring prices show no signs of stopping. According to Teikoku Databank, 3,153 food and beverage items are scheduled to see price increases in October. In addition to price hikes for low-malt beer and third-category beer due to the revision of liquor tax, seasonings and processed foods are also notably affected.

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Prices for more than 3,000 food and beverage items in Japan are set to rise in October, as the continued impact of increased packaging costs stemming from the Middle East conflict, coupled with the weakening yen, puts pressure on household budgets, according to a survey by Teikoku Databank. The Japan Today newspaper quoted the company as saying that the anticipated increases in October […] [The article "Anticipated Wave of Food Price Hikes in Ja…

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Naslovi.net

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The prices of more than 3,000 food and drink items in Japan will rise in October, as part of a new wave of price increases caused by higher packaging costs due to.

産経ニュース

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Teikoku Databank announced on the 30th that a survey revealed 3,153 food and beverage items are scheduled to see price increases in October. The worsening situation in the Middle East has led to price increases for packaging materials made from crude oil, which are being reflected in product prices. The weaker yen, which is pushing up import prices, has also contributed to the increase. October...