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    Home > Food News > Food Articles > Food prices are soaring!

    Food prices are soaring!

    • Last Update: 2022-03-03
    • Source: Internet
    • Author: User
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    Recently, affected by the rise in global raw material prices, the prices of various manufactured products have also increased, and the people 's living burden has increased
    .
    In Japan , the most important edible oil brand in the market has announced that it will raise the price of edible oil
    .

     
    Veteran food companies raise edible oil prices 5 times within a year
     
    Recently, affected by the increase in the price of raw materials, various prices in Japan have risen to varying degrees
    .
    According to the latest news, Nissin Oliver, a major Japanese edible oil company, will also increase the prices of more than 20 kinds of edible oils from April 1
    .

     
    It is understood that this is the fifth time the company has raised prices since last year.
    After the price adjustment, the price of edible oil per kilogram has risen by more than 170 yen, an increase of 10%
    .
    Related derivative products such as salad dressing and mayonnaise are also facing price increases to varying degrees
    .

     
    Rising raw material prices lead to higher prices for a variety of food products
     
    The main reason for this round of edible oil price hikes is the increase in the prices of major ingredients such as soybeans and rapeseed
    .
    In addition, the prices of products such as pasta produced by the company also rose by 9% due to the continued rise in wheat prices
    .
    As a chain reaction, the prices of bread products with flour and edible oil as the main raw materials also rose
    .
     
      Japanese izakaya chain closes more than 1,300 stores in two years
     
      On the other hand, large-scale price increases have also increased the operating pressure of restaurants
    .
    According to recently released data, due to rising prices, restrictions on business hours and fewer customers under the epidemic, major izakaya chains across Japan have closed more than 1,300 stores in the past two years, accounting for about 20% of the total
    .

     
      According to the news released by Japan's Ministry of Internal Affairs and Communications on the 18th, the Japanese consumer price index rose by 0.
    2% year-on-year after the removal of fresh food in January 2022, which has been rising for five consecutive months
    .
    Among them, the energy category rose by 17.
    9% as a whole, the largest increase in Japan in 40 years.
    At present, electricity bills, kerosene, gasoline, etc.
    have all shown an increase of at least 15%
    .

      Recently, affected by the rise in global raw material prices, the prices of various manufactured products have also increased, and the people 's living burden has increased
    .
    In Japan , the most important edible oil brand in the market has announced that it will raise the price of edible oil
    .

    Living Japanese cooking oil
     
      Veteran food companies raise edible oil prices 5 times within a year
      Veteran food companies raise edible oil prices 5 times within a year
     
      Recently, affected by the increase in the price of raw materials, various prices in Japan have risen to varying degrees
    .
    According to the latest news, Nissin Oliver, a major Japanese edible oil company, will also increase the prices of more than 20 kinds of edible oils from April 1
    .

     
      It is understood that this is the fifth time the company has raised prices since last year.
    After the price adjustment, the price of edible oil per kilogram has risen by more than 170 yen, an increase of 10%
    .
    Related derivative products such as salad dressing and mayonnaise are also facing price increases to varying degrees
    .

     
      Rising raw material prices lead to higher prices for a variety of food products
      Rising raw material prices lead to higher prices for a variety of food products
     
      The main reason for this round of edible oil price hikes is the increase in the prices of major ingredients such as soybeans and rapeseed
    .
    In addition, the prices of products such as pasta produced by the company also rose by 9% due to the continued rise in wheat prices
    .
    As a chain reaction, the prices of bread products with flour and edible oil as the main raw materials also rose
    .
     
      Japanese izakaya chain closes more than 1,300 stores in two years
     Japanese izakaya chain closes more than 1,300 stores in two years
     
      On the other hand, large-scale price increases have also increased the operating pressure of restaurants
    .
    According to recently released data, due to rising prices, restrictions on business hours and fewer customers under the epidemic, major izakaya chains across Japan have closed more than 1,300 stores in the past two years, accounting for about 20% of the total
    .

     
      According to the news released by Japan's Ministry of Internal Affairs and Communications on the 18th, the Japanese consumer price index rose by 0.
    2% year-on-year after the removal of fresh food in January 2022, which has been rising for five consecutive months
    .
    Among them, the energy category rose by 17.
    9% as a whole, the largest increase in Japan in 40 years.
    At present, electricity bills, kerosene, gasoline, etc.
    have all shown an increase of at least 15%
    .

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