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Inflation

From mayo to meat, Japan consumers told more price hikes on the way

BOJ survey shows 43% of households say they are 'worse off' than a year ago

Kewpie Mayonnaise is one of 93 household items, along with sauces and mustard, whose price is going up in October, its manufacturer said. (Photo by Yuki Kohara) 

TOKYO -- Japanese consumers are being told to expect a new wave of price rises on everyday items, as the sliding yen compounds the problem of surging raw materials and energy costs for domestic food makers.

Symbolic of the trend is Kewpie mayonnaise, a flagship product since 1925 and which is in millions of refrigerators across the country.

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