Japan to face unprecedented food price hikes in October 2024 amid economic challenges
The latest report by Teikoku Databank reveals that 2,911 food items from 195 manufacturers will experience price hikes in October.
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The latest report by Teikoku Databank reveals that 2,911 food items from 195 manufacturers will experience price hikes in October.
The beloved ramen industry in Japan is facing an unprecedented crisis as rising prices for ingredients, labor, and electricity lead to a record number of restaurant closures.