Recapping Japan April wholesale inflation - cost of inputs not a lot changed ...Middle East

Japan data - April PPI +0.2% m/m (expected +0.2%) & +4.0% y/y (expected +4.0%)

The rise in Japan’s wholesale prices in April was a little less than in March. The small appreciation of JPY tooks some inflationary pressure off the price of imported goods (there is an import price graph in that first post linked above)

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Yen is back to where it started after a small slide was reversed:

This article was written by Eamonn Sheridan at www.forexlive.com.

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