InflationCompanies raise prices on baby formula, coffee and snacks while BOJ weighs rate hikesThe price of more than 3,000 food and drink products in Japan will go up from Thursday. (Nikkei montage/Source photos by Shiho Miyajima, Akitoshi Sugiura and Reuters)October 1, 2026 13:51 JSTTOKYO -- Japan's latest wave of inflation is hitting everything from beer and baby formula to potato chips and cigarettes, as companies increased prices on more than 3,000 food and drink products from Thursday in response to higher wages, a weaker yen and soaring energy and logistics costs.