Food price inflation has affected the spending habits on edibles of the majority of Japanese consumers, according to a survey in May 2024. Around one in three respondents switched to less expensive products from the same genre, whereas six percent would often stop buying the food item affected by price hikes.
Impact of price hikes on food spending behavior in Japan as of May 2024
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Cross Marketing. (May 16, 2024). Impact of price hikes on food spending behavior in Japan as of May 2024 [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/1374399/japan-food-inflation-impact-spending-habit/
Cross Marketing. "Impact of price hikes on food spending behavior in Japan as of May 2024." Chart. May 16, 2024. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/1374399/japan-food-inflation-impact-spending-habit/
Cross Marketing. (2024). Impact of price hikes on food spending behavior in Japan as of May 2024. Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/1374399/japan-food-inflation-impact-spending-habit/
Cross Marketing. "Impact of Price Hikes on Food Spending Behavior in Japan as of May 2024." Statista, Statista Inc., 16 May 2024, https://www.statista.com/statistics/1374399/japan-food-inflation-impact-spending-habit/
Cross Marketing, Impact of price hikes on food spending behavior in Japan as of May 2024 Statista, https://www.statista.com/statistics/1374399/japan-food-inflation-impact-spending-habit/ (last visited October 30, 2024)
Impact of price hikes on food spending behavior in Japan as of May 2024 [Graph], Cross Marketing, May 16, 2024. [Online]. Available: https://www.statista.com/statistics/1374399/japan-food-inflation-impact-spending-habit/