Seaweed prices are rising in Japan

Published 2024년 6월 5일

Tridge summary

A study by Teikoku Databank on 195 food and beverage manufacturers in Japan has found that the cost of over 600 items is expected to increase, with the number of affected items reducing from last year. The majority of these items are processed foods, including edible seaweed due to poor harvests, and sweets and snacks due to a surge in cocoa costs. The price increase is also attributed to the depreciation of the yen exchange rate, leading to over 8,000 price increases for the first ten months of the year. The survey suggests that if the current exchange rate persists, the price of essential goods will further rise.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Based on an analysis of 195 leading food and beverage manufacturers by Teikoku Databank, prices will increase by more than 600 items. This is much less than last year. More than 50% of the goods that will be affected by price increases are processed foods, in particular edible seaweed, which is affected by poor harvests. Prices for sweets and snacks are also rising due to the sharp increase in the cost of cocoa. Over the first ten months of the year, more than 8 thousand items will rise in price. This is mainly due to the depreciation ...
Source: Fishretail

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