War with Iran and rising costs in Japan; Even the increase in the price of socks has become an interception.
America's war and Israel's captivity with Iran and the disruption of oil exports from the Middle East increased the cost of production and supply of goods in Japan; A country whose consumers continue to resist price increases after decades of price reductions or stability.
According to the AFP report, clothing company Uniqlo quickly reversed its decision after customers balked at the increase in the price of its regular socks.
At the same time, Caesarea chain restaurants apologized to customers for raising the price of one of their popular dishes by only 20 yen, equivalent to about 13 pennies.
Japan, which depends on energy imports, was previously affected by the rise in prices following the war in Ukraine, but the war with Iran and the disruption in the movement of oil tankers from the Strait of Hormuz put new pressure on that country's businesses. Despite the cost increases, many Japanese companies are reluctant to raise prices for fear of losing customers.