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Second wave of food price hikes set to hit Japan in February

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Japanese households are set to see a 2nd wave of selling price hikes in February, with costs established to increase for four,283 food items merchandise, Teikoku Databank mentioned Thursday.

Above the 1st 4 months of 2023, costs will maximize for seven,390 items, up some sixty% from a year before, in accordance to the credit history investigation company’s survey carried out at the stop of 2022, which included one zero five big meals-makers.

Value hikes for processed meals items, this kind of as frozen foods and fish paste solutions, accounted for 50% of the overall. The share stood at 20% each individual for beverages, like alcohol, and for seasoning items.

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Olamilekan A.

I'm Olamilekan Atolagbe, I'm fueled by my passion for understanding the nuances of cross-cultural publishing. I consider myself a "forever student," eager to both build on my academic foundations in programming and computer science and stay in tune with the latest content publishing strategies through continued coursework and professional development.
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