TOKYO -- Japanese households are spending an increasing share of their income on food as prices continue to rise, pushing the country's Engel's coefficient to the highest level among key Group of Seven economies.
The proportion of household income spent on food in Japan has been rising, partly due to increased purchases of prepared meals by busy dual-income couples.
Datawatch
Meals take a big bite out of Japanese household budgets
The country has the highest Engel's coefficient in the G7 as prices rise and population ages
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