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Prices for most species increased compared to November 2020 and October 2021
.
Tuna increased the most, up 14.
1% from November 2020 and 3.
1% from the previous month
.
Octopus increased by 18.
9% year-on-year and 4.
4% month-on-month
.
Scallops increased by 15.
8% and 0.
3%, orange fish increased by 9.
6% and 3.
5%, cuttlefish increased by 4.
8% and 7.
3%, and mackerel increased by 19.
2%, which is a month-on-month increase of 0.
9% compared with November 2020
.
.
Tuna increased the most, up 14.
1% from November 2020 and 3.
1% from the previous month
.
Octopus increased by 18.
9% year-on-year and 4.
4% month-on-month
.
Scallops increased by 15.
8% and 0.
3%, orange fish increased by 9.
6% and 3.
5%, cuttlefish increased by 4.
8% and 7.
3%, and mackerel increased by 19.
2%, which is a month-on-month increase of 0.
9% compared with November 2020
.
The price information for November 2021 released by the Bureau of Statistics of Japan on December 24 showed that prices as a whole rose by 0.
6% year-on-year, up 0.
3% from October 2021
.
The overall price increase was mainly due to energy, with a slight increase in food.
Excluding the increase in energy, real prices fell by 0.
6% year-on-year
.
6% year-on-year, up 0.
3% from October 2021
.
The overall price increase was mainly due to energy, with a slight increase in food.
Excluding the increase in energy, real prices fell by 0.
6% year-on-year
.
However, statistics show that seafood consumer prices rose 5.
2% from November 2020 and 1.
5% from October, with fresh fish and seafood rising even higher: 8, 0% in November and 2.
4% in October
.
2% from November 2020 and 1.
5% from October, with fresh fish and seafood rising even higher: 8, 0% in November and 2.
4% in October
.
Prices for most species increased compared to November 2020 and October 2021
.
Tuna increased the most, up 14.
1% from November 2020 and 3.
1% from the previous month
.
Octopus increased by 18.
9% year-on-year and 4.
4% month-on-month
.
Scallops increased by 15.
8% and 0.
3%, orange fish increased by 9.
6% and 3.
5%, cuttlefish increased by 4.
8% and 7.
3%, and mackerel increased by 19.
2%, which is a month-on-month increase of 0.
9% compared with November 2020
.
.
Tuna increased the most, up 14.
1% from November 2020 and 3.
1% from the previous month
.
Octopus increased by 18.
9% year-on-year and 4.
4% month-on-month
.
Scallops increased by 15.
8% and 0.
3%, orange fish increased by 9.
6% and 3.
5%, cuttlefish increased by 4.
8% and 7.
3%, and mackerel increased by 19.
2%, which is a month-on-month increase of 0.
9% compared with November 2020
.
The price increase of other varieties is slightly smaller
.
Mackerel increased by 4.
1% compared to November 2020 and 4.
3% compared to October 2021
.
Salmon was up 3.
3% year-on-year, but unchanged from October, while snapper was up 5.
6% and 1.
7%, respectively
.
Shrimp increased by 0.
4% and 1.
3%, respectively, and clams increased by 2.
9% and 0.
2%
.
.
Mackerel increased by 4.
1% compared to November 2020 and 4.
3% compared to October 2021
.
Salmon was up 3.
3% year-on-year, but unchanged from October, while snapper was up 5.
6% and 1.
7%, respectively
.
Shrimp increased by 0.
4% and 1.
3%, respectively, and clams increased by 2.
9% and 0.
2%
.
Not all species have increased from previous years
.
Sardines were down 3.
1% year over year, but up 6% from October; mackerel was up 1.
7% from November 2020, but down 4.
9% from the previous month
.
Oysters rose 1.
5% from a year earlier, but fell 3.
2% from October 2021
.
.
Sardines were down 3.
1% year over year, but up 6% from October; mackerel was up 1.
7% from November 2020, but down 4.
9% from the previous month
.
Oysters rose 1.
5% from a year earlier, but fell 3.
2% from October 2021
.
Among processed seafood, price volatility is less, reflecting consumer responses to price increases
.
.
Statistics from the Bureau of Statistics show that the price of salted salmon rose 4.
6% from November 2020 and 0.
6% from October; salted cod roe (mentaiko, actually produced from Alaska pollock) rose 0.
9% and 1.
1%, respectively
.
Dried sardines (shirasu-boshi) decreased by 1.
9% and 0.
3%, while others (niboshi) increased by 2.
2% and 0.
4%, respectively
.
6% from November 2020 and 0.
6% from October; salted cod roe (mentaiko, actually produced from Alaska pollock) rose 0.
9% and 1.
1%, respectively
.
Dried sardines (shirasu-boshi) decreased by 1.
9% and 0.
3%, while others (niboshi) increased by 2.
2% and 0.
4%, respectively
.
Dried mackerel was down year-over-year, but up 0.
4% from October; capelin was up 3.
9% year-over-year, but down 0.
2% from October; salmon roe was up 19.
4% and 3.
6% from November 2020 and October 2021, respectively
.
4% from October; capelin was up 3.
9% year-over-year, but down 0.
2% from October; salmon roe was up 19.
4% and 3.
6% from November 2020 and October 2021, respectively
.
Fish cakes - one of the more price-sensitive commodities - rose 0.
7% compared to November 2020 and fell 0.
2% compared to October
.
However, two fish processing experts, Nissui and Maruha Nichiro, announced price increases
.
Nissui will increase the price of its surimi products by up to 13%, while Maruha Nichiro will increase the price of frozen food by around 10%
.
7% compared to November 2020 and fell 0.
2% compared to October
.
However, two fish processing experts, Nissui and Maruha Nichiro, announced price increases
.
Nissui will increase the price of its surimi products by up to 13%, while Maruha Nichiro will increase the price of frozen food by around 10%
.
The main reason for the reaction to some commodity price hikes is the absence of inflation in Japan's wages as wages in the country remain stagnant
.
According to the Organisation for Economic Co-operation and Development (OECD), annual real wages in Japan, measured in dollar purchasing power, will be around $39,000 (€34,440) in 2020, up just 4% over the past 30 years
.
During the same period, wages in the United States nearly doubled to $69,000 (€60,932)
.
.
According to the Organisation for Economic Co-operation and Development (OECD), annual real wages in Japan, measured in dollar purchasing power, will be around $39,000 (€34,440) in 2020, up just 4% over the past 30 years
.
During the same period, wages in the United States nearly doubled to $69,000 (€60,932)
.
Businesses are also facing excise tax hikes, from 3% in 1989 to 5% in 1997, 8% in 2014 and 10% in 2019, resulting in a backlash from consumers
.
.
Manufacturers are caught in the middle, and many are using "deflation" - reducing package content while keeping prices the same
.
.