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▼ Get Ready For An Increase In Food Prices In Japan From This Month
- Category:Shopping
Prices of essentials like bread, pasta and toilet paper will be higher due to rising cost of raw materials
April is the start of the new financial year in Japan, and with that comes a bump to the cost of goods. Japan will now face increased prices of daily essentials due to the rising cost of raw materials. As reported by Japan Today, the price hikes will begin today (Friday April 1).
Just some of the food items subject to price hikes include major brands of cheese, cooking oil and ketchup. Nikkei Asia (in Japanese only) also reported that Starbucks would be implementing higher prices for its flagship products from April 13.
Those famous Frapuccino drinks are going up by ¥10-¥50 each and coffee beans will be ¥90 more expensive.
Furthermore, another Nikkei Asia report says bread and pastries will see the steepest price increase, followed by frozen foods and dry pasta.
While food manufacturers have been pushing retailers to up their prices, apparently supermarkets such as Aeon and Seiyu plan to maintain the prices of their private brand items.
Food is not the only thing affected by the price hikes. Japan Today also says that daily essentials such as tissues and toilet paper, as well as diapers will also increase.
Japan’s transportation systems will also get costlier with East Japan Railway Co (aka JR East) to raise shinkansen ticket prices during high season and Japan Airlines to raise the cost of tickets for certain domestic flights from April 15.
- April 2, 2022
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