Inflation affecting food-purchase decisions | NHK WORLD-JAPAN News ...Middle East

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Inflation affecting food-purchase decisions | NHK WORLD-JAPAN News
Inflation is making Japanese consumers more cost-conscious when they shop for food. That’s according to a recent government survey. The Cabinet Office asked consumers last September and October how they’re coping with higher food prices. Multiple answers were allowed. Sixty percent of respondents said they’re buying cheaper items. Forty-two percent said they’re not dining out so often. And 39 percent said they’re buying less food. The survey also asked consumers how much of a rise in food prices they’ll tolerate. Thirty-eight percent said they can handle a 10 percent increase. Thirty percent said a rise of up to 20 percent would be OK. But 24 percent said any increase in prices would be to

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