Domestic CGPI m/m for April: +2.8% m/m

  • expected 2.8%, prior 0.0%

Domestic CGPI y/y for April: +4.1% y/y

  • expected 4.0%, prior 1.7%

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Corporate Goods Price Index (CGPI) measures the change in the selling prices of goods purchased by Japanese corporations.

The rises (big jumps over the prior result) are being attributed to the sales tax hike back on April 1.

USD/JPY is barely cognizant of the release, a tiny bit lower around 102.20