Apple hikes Japan price of iPhone by nearly a fifth

Such widespread hikes are a change for most Japanese following years of stable prices for many products

Apple Inc has hiked by nearly a fifth the cost of its flagship iPhone phone in Japan, which is battling a weakening yen currency and rising inflation, Qazet.az reports.

The Cupertino, California-based manufacturer's entry level iPhone 13 now costs $870, Apple's website showed, compared to $739,53 previously.

With the dollar up 18% against the yen year-to-date, the higher cost of the iPhone, which dominates Japan's smartphone market, comes as consumers' wallets are being squeezed by price hikes for daily necessities.