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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