Consumer prices could rise next year, erasing Takaichi's consumption tax cut Prices rose for 4,965 food and beverage items in September, more than triple the number from a year earlier.
Consumer prices could rise next year, erasing Takaichi's consumption tax cut Prices rose for 4,965 food and beverage items in September, more than triple the number from a year earlier. (Nikkei montage) TOKYO -- Japan could be in for a second wave of surging food prices as the continuing Middle East turmoil drives up prices for naphtha-derived container feedstocks and freight rates for crude oil tankers.