Singaporean media Lianhe Zaobao reported on the 7th that due to the energy crisis, food prices are successively rising in Japan, and gas prices are being raised in India.

The article stated that the surge in energy prices due to the Middle East conflict is affecting the lives of people in Asia, and based on a survey conducted by Nikkei (with responses from 73 companies), it reported that 'over half of food and daily necessities manufacturers have already implemented price increases or are considering them.'

In the same survey, 3 companies responded that they had already implemented price increases, 14 companies were planning them, and 23 companies were considering them. The article pointed out that 'combining these, it exceeds 50% of the total.'

In addition, it also introduced that 21 companies, accounting for approximately 30% of the total, responded that they would take measures such as changing packaging specifications; 8 companies changed their raw material suppliers; 10 companies reduced sales promotion and advertising expenses; and 8 companies stopped or temporarily suspended sales of some products.

Meanwhile, it reported that 'the Indian government has again raised the price of household LP gas to mitigate losses incurred by state-owned retailers selling fuel at discounted prices. From the 7th, the price nationwide was raised by 29 rupees (approximately 49 yen) per cylinder (14.2 kg), and the burden on households is expected to become even heavier.' (Translation and editing / Kitada)