Food Prices in Japan . . . Going Up

Food prices are big news all over the world and Japan is no exception. In fact, there is little upside to high food prices here, because Japan produces such a small percentage of what it consumes. Food companies and restaurants are caught in a squeeze, just trying to eek out a profit. Raise prices too much and you loose customers.

In a very unscientific survey, sampling size n=1, my wife said typical trips to the grocery store which used to cost around 6 to 7 thousand yen, now lost around 9 thousand yen.