Around one quarter of Japanese consumers did not have the financial leeway to bear the food price hikes, according to a survey conducted in October 2023 in Japan. Almost 24 percent of respondents stated that they could not tolerate any price increase in food items, regardless of amount. The largest share, 37.5 percent, reported that they could bear an increase of up to 10 percent of current food prices.
Affordability of food prices amid inflation among consumers in Japan as of October 2023
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Cabinet Office Japan. (January 26, 2024). Affordability of food prices amid inflation among consumers in Japan as of October 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1450609/japan-consumers-affordability-food-price-inflation/
Cabinet Office Japan. "Affordability of food prices amid inflation among consumers in Japan as of October 2023." Chart. January 26, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1450609/japan-consumers-affordability-food-price-inflation/
Cabinet Office Japan. (2024). Affordability of food prices amid inflation among consumers in Japan as of October 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1450609/japan-consumers-affordability-food-price-inflation/
Cabinet Office Japan. "Affordability of Food Prices amid Inflation among Consumers in Japan as of October 2023." Statista, Statista Inc., 26 Jan 2024, https://www.statista.com/statistics/1450609/japan-consumers-affordability-food-price-inflation/
Cabinet Office Japan, Affordability of food prices amid inflation among consumers in Japan as of October 2023 Statista, https://www.statista.com/statistics/1450609/japan-consumers-affordability-food-price-inflation/ (last visited November 21, 2024)
Affordability of food prices amid inflation among consumers in Japan as of October 2023 [Graph], Cabinet Office Japan, January 26, 2024. [Online]. Available: https://www.statista.com/statistics/1450609/japan-consumers-affordability-food-price-inflation/
