Half of Japan's eateries plan price hikes this year

Nikkei survey shows restaurants struggling with labor and ingredient costs

0523N Price Hike

The Matsuya beef bowl chain raised the price of a regular-size beef bowl to 320 yen from 290 yen last month. (Photo by Ryosuke Eguchi)

Nikkei staff writers

TOKYO -- Spending more on ingredients and increasingly scarce workers, nearly half of restaurant operators in Japan plan to raise prices this fiscal year, a Nikkei survey shows.

The poll from mid-March to late April targeted 551 companies with food service as their main business. A total of 324 responded, with 45.4% saying they will increase prices by the end of fiscal 2018.

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