Teikoku Databank announced on December 1 that the number of food items whose prices are scheduled to be raised in 2023 exceeded 4,000 as of the end of November. It is expected that the total number of items will reach 5,000 on a planned basis by the end of December, and there is a possibility that February 2023 will see a rush of price increases comparable to October this year.
The company regularly conducts price revision trend surveys targeting 105 listed food manufacturers. The price hike in 2010 peaked at 6,699 items in October, leveled off with 882 items in November, and 175 items in December, but it started to increase once more to 514 items in January 2011, and 3,269 items in February. price increase is known.
A total of 20,822 food items were raised in 2010, with an average rate of increase of 14%. The pace is surpassing.
Processed foods will have the largest price hikes in 2023, with 2,128 items, accounting for half of the planned total. In addition to frozen foods, price increases are conspicuous for items such as wheat products and canned marine products. Prices for seasonings such as dressings and sauces were raised for 1,065 items, mainly due to soaring cooking oil prices. In addition, the prices of imported Western liquors have also increased significantly due to the impact of the weaker yen.
