Japan suffers price hikes of more than 2,400 products in August and another 6,000 in October

https://sputniknews.com/20220801/japan-to-suffer-from-price-hikes-of-over-2400-products-in-august-another-6000-in-october-1097990831.html
Japan suffers price hikes of more than 2,400 products in August and another 6,000 in October
Japan suffers price hikes of more than 2,400 products in August and another 6,000 in October
TOKYO (Sputnik) – Japan saw price increases for 2,431 products in August and another 6,000 products are expected to see price increases in October, Japanese Research Center… 01.08.2022, Sputnik International
2022-08-01T06:13+0000
2022-08-01T06:13+0000
2022-08-01T06:13+0000
Japan
Asia Pacific
price increase
/html/head/meta[@name=”og:title”]/@content
/html/head/meta[@name=”og:description”]/@content
https://cdnn1.img.sputniknews.com/img/101895/56/1018955652_0:0:4802:2701_1920x0_80_0_0_c8d07b633f6de692da3ad7da3e0867a1.jpg
They estimate that October will see price increases on 6,000 items, the largest number on record. The study revealed that between September and November, about 8,000 items will see price increases in his first seven months of 2022. Teikoku Databank attributed the price hikes so far to soaring grain and energy prices, but future price hikes are “exacerbated by the depreciation of the yen, which at one point fell to 140 yen to the US dollar, and the price of imports fell to 140 yen to the US dollar. by soaring.”
Japan
2022
news
en_EN
https://cdnn1.img.sputniknews.com/img/101895/56/1018955652_601:0:4202:2701_1920x0_80_0_0_bd5412f1ad7afae6a5b8e86d0d0a7b01.jpg
Japan, Asia Pacific, price increases
TOKYO (Sputnik) – Japan will see price increases for 2,431 types of products in August, and another 6,000 in October, Teikoku Databank, the Japanese research center, said on Monday.
They estimate that October will see price increases on 6,000 items, the largest number on record. About 8,000 products will see price increases in his first seven months of 2022, between September and November, according to the study.
The total number of products affected by price increases reaches approximately 20,000 items, with an average price increase rate of 14%.
https://sputniknews.com/20220801/japan-to-suffer-from-price-hikes-of-over-2400-products-in-august-another-6000-in-october-1097990831.html Japan suffers price hikes of more than 2,400 products in August and another 6,000 in October