In 2025, up to 20,000 food items may see price increases, with over 6,000 items expected to rise from January to April.
December 26, 2024: Teikoku Databank
It has been revealed that over 6,000 food items are already set to see price increases in 2025. Over the course of the year, the total is expected to reach as many as 20,000 items, signaling a rush of price hikes starting early in the year.
According to Teikoku Databank, 12,520 food items experienced price increases throughout 2024, a decrease of about 60% compared to the previous year.
However, from January to April 2025, price increases have already been decided for 6,121 items, including bread and alcoholic beverages, marking a 60% increase compared to the same period in 2024.
The reasons for these price hikes include rising raw material costs, as well as increases in labor and logistics expenses. If the current pace continues, it is projected that between 15,000 and 20,000 food items could see price hikes in 2025, surpassing the total for 2024.
The national average price of gasoline is ¥180.6, marking seven consecutive weeks of increases (December 25, 2024).
The national average price of regular gasoline has risen to ¥180.6 per liter, marking the seventh consecutive week of increases.
According to the Agency for Natural Resources and Energy, as of December 23, the national average price of regular gasoline was ¥180.6 per liter, up ¥4.8 from the previous week.
This marks the seventh consecutive week of price hikes, with increases observed across all 47 prefectures in Japan.
Diesel also rose by ¥4.9 from the previous week to ¥160.3 per liter, marking its first increase in two weeks.
The price hikes are believed to be influenced by a reduction of ¥5 in gasoline subsidies implemented on December 19.
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Source: TV Asahi News)
The provisional gasoline tax rate has been abolished.
Gasoline to Drop by ¥25.1/L with the Abolition of the Provisional Tax Rate! But Implementation Delayed by Two Years!?
The Liberal Democratic Party, Komeito, and the Democratic Party for the People have reached an agreement to abolish the long-standing "provisional tax rate" on gasoline.
This provisional tax rate has long been criticized as an unjust tax burden. Its removal is expected to result in a price reduction of ¥25.1 per liter for gasoline!
However, the exact timeline for implementation remains undecided.
自民、公明、国民民主の三党が合意し、長年続いてきたガソリン税の「暫定税率」を廃止することで合意した。この暫定税率は不当に徴収されてきた税金の一つ。これがなくなることでガソリンがリッターあたり25.1