yen has recently continued to depreciate, pushing up the prices of domestic imported wines in Japan, and Japanese wine distributors and consumers are increasingly worried about the rising costs of alcohol products. Some dealers say the depreciation of the yen in recent months has forced them to increase the price of wine to varying degrees. This has also further increased the expenditure of wine consumers.
Research by Japanese Imperial Database Company shows that since the beginning of this year, the prices of about 20,000 foods and beverages have risen. Among them, the price increase of imported goods is particularly obvious. According to data from the US Department of Agriculture, about 70% of the wine consumed in Japan comes from imports, most of which come from France, , Chile, , Italy, the United States and other countries.
Therefore, Japan's domestic wine industry is facing relatively greater cost pressure and has to pass it on to downstream consumers. Accordingly, the cost of drinking wine for consumers also increases.
Japanese consumers: If the price continues to rise, I will drink less wine, and the chances of drinking wine will be fewer, which is too difficult.
Source: CCTV News
