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Brian Fowler
Verified
Managing Editor, Bloomberg News
Japan
Beats
Content
By Brian Fowler Verified| Bloomberg News Verified Japanese food and beverage companies will raise prices on more than 4,000 products starting Tuesday to offset higher costs for everything from raw materials to labor, according to a survey by Teikoku Databank. A total of 4,225 products will get price hikes, the most since October 2023, Teikoku said Monday based on a survey of 195 food and beverage firms. Among products to see price increases are processed foods such as sausage, seasonings and beverages including canned beer.
By Brian Fowler Verified, Zoe Ma| Bloomberg News Verified Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
By Brian Fowler Verified| Bloomberg News Verified Japanese food and beverage companies will raise prices on more than 4,000 products starting Tuesday to offset higher costs for everything from raw materials to labor, according to a survey by Teikoku Databank. A total of 4,225 products will get price hikes, the most since October 2023, Teikoku said Monday based on a survey of 195 food and beverage firms. Among products to see price increases are processed foods such as sausage, seasonings and beverages including canned beer.
Company Info
Bloomberg News
Bloomberg L.P. is a global financial data, software, and media company founded in 1981 by Michael Bloomberg and his partners. Originally named Innovative Market Systems, it rebranded to Bloomberg L.P. in 1986. The company is renowned for the Bloomberg Terminal, a proprietary platform that provides real-time financial data, analytics, and trading tools to over 350,000 subscribers worldwide. Bloomberg operates in three main areas: financial technology, news/media, and data analytics. Its flagship product, the Bloomberg Terminal, offers market data, news, and communication tools for financial professionals. Bloomberg News, with over 120 bureaus globally, covers financial markets, politics, and technology across various platforms, including digital, television, and print. The company also provides specialized data and analytics services, including legal and regulatory information, through its acquisitions. Bloomberg L.P. is privately held, with an estimated revenue of $12.5 billion in 2023, primarily from terminal subscriptions.
'+1 212-318-2000
Founded: 1981