Domestic corporate goods price index up 2% y/y
- expected +2.0% y/y, prior +2.1%
And +0.1% m/m, also in line
- expected +0.1% m/m, prior -0.1%
Wholesale prices gaining, but as we've seen from the most recent CPI, consumer level prices still was below the 2% target.
More:
Overall final goods prices (prices of finished products charged to businesses)
- -0.1% y/y
Domestic final goods prices (loosely track CPI)
- unchanged y/y
The PPI (formerly known as the corporate goods price index (CGPI)) measures the price companies charge each other for their goods and services
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Little change in the yen FX rate on the data release