Japan April Domestic Corporate Goods Price Index: 0.0% y/y (vs. -0.2% expected)

• Prior was -0.5% y/y

For the m/m +0.3%

• Prior was +0.1%
• Expected was +0.1%

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This is a better result, showing price gains above expectations – which is what the BOJ wants to see. The yen has barely reacted, USD/JPY 101.67/70