biscuits-and-sodas-join-japans-price-hike-relay-as-packaging-costs-bite
# food prices# packaging costs# Japan inflation
Key Points
- Food makers announced more price hikes on snacks and drinks, citing packaging and ingredient costs
- The inflation driver is shifting from raw materials to packaging and logistics
Analysis
Japan's food-price relay continues: makers announced hikes on biscuits, sodas and more, citing packaging and ingredient costs. The driver is shifting from raw materials to second-layer costs — packaging and logistics — meaning felt inflation keeps building, and with it the BOJ's case that price stickiness is real.