Japan PPI, AKA Corporate Goods Price Index. This is ‘wholesale’ level inflation , the price that firms charge each other for products.
PPI -0.7% m/m
- expected -0.2%, prior +0.2%
+5.1% y/y
- expected 5.6%, prior 5.8%
This data point is from the Bank of Japan. The Bank’s policy meeting is leter this week:
The first panel (below) is the PPI – seems to be turning over: