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Datawatch

Portion sizes shrink in aging Japan as 'real' food prices rise

Consumers pay 11% more by weight for ingredients as household members decline

The weight of food products in Japan is shrinking while their prices go up. (Source photo by Reuters)

TOKYO -- Food prices in Japan are increasing more than consumers realize.

The retail price of food products increased 4% over the past eight years but when the net weight is taken into account, the change is actually as high as 11%. This is because as the number of people in households decrease, consumer demand for products in smaller amounts has increased.

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