Tokyo to see one other meals value hike in early 2023, affecting over 7,000 objects

A brand new 12 months is upon us, however inflation goes nowhere. After latest information about Uniqlo merchandise, FamilyMart fried hen and even prepare fare hikes, the subsequent value hike will have an effect on greater than 7,000 meals objects in early 2023.

In accordance with a survey by market analysis agency Teikoku Databank, 7,152 meals costs will enhance between January and April 2023. The utmost value enhance is 50%, and the common worth is eighteen%.

A lot of the enhance will have an effect on processed meals comparable to frozen and canned meals. Comfortable drinks and alcohol are additionally set to extend in value by means of the primary few months of 2023.

A part of the worth enhance comes within the type of merchandise being offered on the identical value despite the fact that they’re shrunk. In accordance with Jiji Press, Yamazaki Bread will cut back the variety of buns in mini breads from 5 to 4, and KitKat mini packs from 13 to 12.

There are a number of causes for the worth enhance, together with the depreciation of the yen, hovering uncooked materials costs, and rising logistics prices.

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Author: ZeroToHero

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