Japanese consumers are expected to face more challenges amid the ongoing coronavirus pandemic, as a wave of price hikes will hit essential items such as food and daily goods in the new fiscal year beginning Friday due to the rising cost of raw materials.
Beneath the sweet, luscious exterior of your favorite chocolate lies a destructive cycle of child labor practices and large-scale deforestation campaigns.
Decades of stagnant wages and low prices have ingrained a “deflationary mindset” into shoppers who are hesitant to spend more, thwarting policymakers’ efforts to fan inflation.