Due to rising prices and intensifying inflation, many Japanese food companies, including Nissin Foods, which was the first to invent instant noodles and well-known to many, have also announced price increases for their main products.
Instant noodles are one of the foods that many Japanese people often buy. However, just recently, Nissin Foods, a well-known instant noodle manufacturer in Japan, announced that it will increase the price of about 180 kinds of instant noodles after a lapse of three years, with an increase of up to 12%. .
Like a 75-gram bucket of instant noodles, it will be sold to 214 yen (about 12 yuan) after the price increase.
Because of the invention of the world's first instant noodles, Nissin is also known as the "originator" of instant noodles, and every price change has attracted great attention from Japanese consumers.
This time, the large-scale price increase is mainly due to the increase in the price of wheat flour and the increase in international logistics costs, resulting in a significant increase in production costs.
There is also an old Japanese traditional snack called "Delicious Bar" that has to increase in price because of rising costs.
It is also known as Japan's "national snack" because it is crunchy and can be bought for a 10-yen coin.
However, affected by the rising prices of corn and vegetable oil produced in the United States, the "Delicious Bar" was also difficult to bear pressure. The price was raised for the first time in 42 years, from the original 10 yen per stick to 12 yen, an increase of 20%.
In addition, affected by the rise in imported raw materials, the well-known Japanese dairy company Xueyin recently announced that it will increase the prices of nearly 40 kinds of products such as cheese, with a maximum increase of 20%.
The Japanese subsidiary of Coca-Cola also announced that it will increase the shipping prices of various beverages above 1.5 liters by up to 8%.
Not only food, but under the influence of tight global supply chains, Japanese laptops and white goods have also begun to see price increases.
The latest data shows that the average retail price of regular gasoline in Japan has risen for five consecutive weeks, reaching 171 yen (about 9.4 yuan) per liter.
Although the Japanese government has launched measures to curb fuel price increases since the end of last month, the subsidy for regular gasoline has now risen to 5 yen per liter, but the effect is not obvious.
Will large-scale price increases push Japan from a long-term deflation or low inflation situation to a high inflation track?
This issue also continues to receive attention.