Expensive wheat: Japanese bakeries raise prices again

Tokyo / JP. (jp) Shikishima Baking Co., Japan´s second largest bread producer, in May will raise prices on 210 of its key 530 bread products. Following a price hike in December, the company will increase recommended retail prices by seven to eleven percent for shipment starting mid-May. For another 140 items, Shikishima will leave prices unchanged but reduce the number of contents. The decision came as the government raised the prices of imported wheat sold to the private sector by 30 percent. The top Japanese producer, Yamazaki Baking Co., announced price hikes earlier this week and third-ranking Fuji Baking Group Co. is considering following suit (source).

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