Japan May PPI -4.2% vs -4.2% y/y expected

Japan May producer price index

• Prior was -4.2% y/y
• PPI up 0.2% m/m vs +0.1% expected
• Prior m/m reading was -0.3% (revised to -0.4%)

Not much to take away from this report but USD/JPY is ticking higher again and up to 107.10.