date:Sep 02, 2013
Price hikes will start with shipments Monday for food and seasonings such as jam and dressing.
The price increases stem from increased import costs due to rising prices of raw materials and the yens weakness. They follow price hikes for mayonnaise and bread in July and precede a planned increase in prices of sake in October.
The increases will weigh on households as wages have not risen.
Japans biggest jam maker, Kewpie Corp., which also makes mayonnaise, plans to raise jam prices by 4 to 7 p