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Coca-Cola unfreezes Japan price hikes as transport costs swell

First increase in 27 years likely to spur followers amid driver shortage

This time, it is not the consumption tax that drives the price hike.   © Reuters

TOKYO -- Japan's top Coca-Cola distributor plans to pass higher transport costs on to customers with its first discretionary price hike in 27 years, a move that could unleash a wave of inflation in a risk-averse industry.

Coca-Cola Bottlers Japan's recommended retail prices are expected to rise by between 6% and 10% as soon as April, starting with 1.5-liter and 2-liter bottles of soda, juice and tea.

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