The Japanese data is here from earlier:
Japan data - July PPI +0.2% m/m (expected +0.2%) & +2.6% y/y (expected +2.5%)The PPI is also known as the corporate goods price index (CGPI). It measures the price companies charge each other for their goods and services. That 2.6% y/y is the fourth straight month of slowing wholesale level inflation
At the margin the data diminished the case for a near term Bank of Japan rate hike.
USD/JPY is little changed around 147.77.
Japanese stocks continue to gain:
Japan's two benchmark stock indexes, Niklkei and Topix, both hit a new record high today This article was written by Eamonn Sheridan at investinglive.com.Hence then, the article about japan s wholesale inflation has slowed down for the fourth month in a row was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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