Prices of wine, jam and some food seasonings and dressings increased on Monday due to the weakening yen.
Suntory Wine International said it was hiking the price of 139 imported wines from 2% to 9%, while Kirin subsidiary Mercian said it will increase wine prices by 3%-8%. Both companies attributed the price hike to higher costs of grapes due to a poor harvest in Europe, Sankei Shimbun reported.
Meanwhile, Kewpie Co hiked the price of jam by between 4% and 7%, its first price rise in 23 years, Sankei reported. The company said the cost of imported raw materials had risen steeply this year.
Price rises will continue in October with milk and sake expected to cost more.© Japan Today