TOKYO -- Food prices in Japan rose at the fastest pace since July 1991 during the past week, Nikkei data shows, as producers scramble to pass on the impact of a softening yen and high commodity costs.
Prices rise for 90% of products amid wave of hikes by producers: Nikkei data
Japanese government data shows real wages falling and consumers cutting back on spending. © Reuters
TOKYO -- Food prices in Japan rose at the fastest pace since July 1991 during the past week, Nikkei data shows, as producers scramble to pass on the impact of a softening yen and high commodity costs.