Costs for a complete of 1,392 merchandise from 195 main Japanese meals producers will go up in September, a survey by analysis agency Teikoku Databank confirmed Friday.
Whereas the variety of merchandise with value will increase is down 35.2% from a yr earlier, that is the primary time it has exceeded 1,000 since April.
Regardless of persistent strain to boost costs amid rising uncooked materials prices and the yen’s weak spot, corporations are discovering it tough to take action as a consequence of considerations about its affect on consumption, Teikoku Databank stated.
Among the many corporations surveyed, Nissui will improve the costs for 37 of its frozen meals merchandise by 2% to 11%. Nichirei Meals, Maruha Nichiro and Nissin Frozen Meals will increase the costs for its ready-made meal, pasta and different merchandise.
Ajinomoto AGF will hike costs for 116 of its espresso merchandise whereas Nestle Japan and UCC Ueshima Espresso will make comparable strikes for his or her bottled espresso merchandise.
Amongst ice cream merchandise, Meiji’s Essel Tremendous Cup and Morinaga & Co.’s Choco Monaka Jumbo will see value will increase subsequent month.
