Survey Finds Japan’s Food Price Hikes Driven by Labor and Logistics Costs

Teikoku Databank reports currency depreciation is no longer the primary factor behind rising food prices in Japan.

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Terms & Concepts
  • Yen Depreciation: A decline in the value of Japan’s currency relative to other currencies, which can raise import costs and affect domestic prices.
  • Logistics Costs: Expenses related to the transportation, storage, and distribution of goods, impacting final product prices.
  • Teikoku Databank: A Japanese research and credit reporting firm that conducts economic and industry surveys.