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Bank of Japan: Impacted by Surging Oil Prices, Certain Regional Firms Are Contemplating or Implementing Price Increases
3 day ago /
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Author：小编
The Bank of Japan highlighted that the ramifications of the Middle East conflict have become evident in the form of skyrocketing oil prices and disruptions in supply chains. There is apprehension in certain regions that escalating energy costs and the rapid acceleration of inflation could set off more widespread supply chain interruptions, thereby eroding the confidence of both households and businesses. Firms across various regions are persistently transferring the burdens of increased labor and distribution expenses onto consumers. Driven by the yen's depreciation and the relentless surge in oil prices, a number of companies are either contemplating or have already instituted price hikes.
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