Producer price inflation from Japan for January - this is the price firms charge each other other (and government) for goods and services
0.3 % m/m
- expected 0.3% m/m, prior 0.2%
2.7 % y/y
- expected 2.7% y/y, prior 3.1%
In line with what was expected.
More:
- Overall final goods prices (this is the price of finished goods charged to firms) +0.5% y/y
- Domestic final goods prices (a loose proxy for CPI) +1% y/y
yen barely wakes up
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