The number of food and beverage items that will face price hikes in 2025 is projected to surpass 20,000 for the first time in two years, mainly due to high material and logistics costs, a credit research firm said Monday.In July alone, 195 major food makers are planning price hikes for 2,105 items, such as seasoning and snacks, about a fivefold jump from a year earlier, according to a survey by Teikoku Databank Ltd.Price hikes through November that have already been announced involve 18,697 items, with the company saying that the trend of rising prices of food and beverages is likely to con…READ FULL ARTICLE
