Japanese Customer: Prices begin to rise in Japan

Photo: Petrol prices January, 2008

Many companies are afraid to pass on price rises to consumers and their possible negative reaction to them and instead reduce the quantity of goods sold to absorb their own price increases.




"Nippon Meat Packers <2282.t>, for example, has begun to put fewer sausages in each package while charging the same price."

Source: BOJ in quandary as prices finally rise in Japan,
Reuters, Monday January 14 2008,
By Yoko Nishikawa
Guardian Unlimited newspaper
http://www.guardian.co.uk/feedarticle?id=7222786








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