Japanese food makers to raise prices for 109 items in December

Japanese food makers plan to increase the prices for 109 items in December, the lowest monthly figure this year, a survey research company Teikoku Databank released on Friday showed.

The survey covered 195 major food makers.

Sato Foods will raise prices for all 64 packed rice products due to higher rice prices, with the price of a 200-gram pack rising from ¥204 to ¥227. Echigo Seika will raise prices for 18 items, including a packed rice product, by about 12% to 15%.

Confectionery maker Lotte will increase shipment prices for four items, such as a chocolate pie.

The total number of food items subject to price increases throughout 2024 is expected to fall by about 60% from the previous year to 12,520.

Still, Teikoku Databank warned that the number could bounce back next year as transportation and personnel costs are likely to remain elevated.

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