Producer Price Index (YoY) (May) +3.2%
expected 3.5%, prior 4.0%expected 0.2%, prior 0.2%
Yesterday Bank of Japan Governor Ueda expressed worry about inflation (at the consumer level) falling short of his 2% taregt:
Underlying inflation still below 2%---
Japan's Services Producer Price Index (PPI) measures the average change over time in the prices received by service providers (in the private sector) for their services in Japan:
Data published by the Bank of Japancovers services such as transportation and communication, finance and insurance, wholesale and retail trade, and others This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( Japan data - April PPI -0.2% m/m (expected +0.2%) & +3.2% y/y (expected +3.5%) )
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