October brings various price changes for Japan residents

A range of price changes will take effect in Japan starting Thursday, from alcoholic beverages to minimum wages, as revisions were made to the tax and social welfare systems.With the revised tax rates, the retail prices of wine, tobacco and low-priced beer-like drinks, made from malt alternatives or a mixture of spirits, could be higher.The tax for what is known in the country as “third-category beers” will rise 9.8 yen per 350 milliliters and that for wine will be 7.5 yen higher for a regular-sized bottle.But normal beer of the same quantity will be taxed 7 yen less and Japanese sake, which i…

Read More

HEDGE accordingly