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Japan December PPI +0.5% m/m (expected +0.3%) and +10.2% y/y (expected +9.5%)
Japan December PPI (aka Domestic corporate goods price index - in a nutshell its inflation at the wholesale level)
+0.5% m/m
- expected +0.3%, prior 0.6%
+10.2% y/y
- expected +9.5%, prior +9.3%
-
This is 'consumer' price inflation, but it does have an impact on higher prices passed through at the consumer level. Ferocious gains over the past couple of years. Graphs from the Bank of Japan's report on PPI today:
ICYMI, the Bank of... Read More
Posted: Jan 15 2023, 23:59
Author Name: forexlive
Views: 111688