Japan PPI for August 0.0% m/m (exp 0.1%) and 3.0% y/y (exp 3.1%)
PPI (formerly known as Corporate Goods Price Index (CGPI))
- a guide to prices firms are charging each other for goods and services.
3.0 % y/y
- expected 3.1% y/y, prior 3.1%
0.0 % m/m
- expected 0.1% m/m, prior 0.5%
- domestic final goods prices, a guide to CPI (a loose one) +0.8% y/y
Data out at the same time indicating strong capex to come:
OK, cool. Now if everyone could just keep the noise down please, yen is trying to sleep.