Families with babies in Japan facing steeper price hikes
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Diapers, formula and other baby items have seen greater price surges than other consumer goods since the beginning of this year, causing a heavy burden on child-rearing households as Japan battles a declining birthrate, a recent think tank analysis showed.
The prices of baby-related goods were up 9.3 percent in June from a year earlier, much higher than the 3.3 percent increase for consumer products overall, and are likely to remain elevated for a while, Hamagin Research Institute said.
The rate of increase in the “baby price index” comprising diapers, formula, infant clothes, dolls and toys, ...