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Japanese wheat prices to rise for third time in a year
date:Aug 06, 2013
nao Orihara, the ministrys director of grain trade.

The increase will add to expenses for producers from noodle maker Nissin Foods Holdings Co. to Yamazaki Baking Co., which raised bread prices as much as 6 percent last month.

Higher food costs are helping Abes campaign to achieve a goal of 2 percent inflation for sustained growth.

Consumer prices in June had their biggest gain since 2008, signaling the economy may be starting to shake off 15 years of deflation. Wheat costs rose 10 percent in

12/21 09:43