Food manufacturers in
The average price of cooking oil at supermarkets across the country spiked 1.5-fold in May from a year earlier, while that of mayonnaise was up nearly 30 percent, according to Japanese analysis company
Raw material and crude oil costs have risen in line with higher demand as economies recover from the coronavirus pandemic and due to global supply chain disruptions.
While supermarket operators decide the price of products sold at stores, many of them have passed on rising costs from food manufacturers to customers due to the difficulty of absorbing price hikes.
The prices of margarine products, spaghetti and white bread spiked by about 10 percent, according to
In about a year since spring last year,
As a result, the price of edible oil increased from
A bottle of mayonnaise, with about 400 to 450 grams of content, increased in price from
A recovery in demand following the pandemic has also contributed to pushing up grain prices, with 600 grams of spaghetti rising from
However, private-sector economists believe food prices will continue to rise as the outlook of
"Food and other prices will continue to increase until the impact of the weak yen and high crude oil prices could subside as early as this fall," said
==Kyodo
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