Japan PPI for January  -1.6% y/y (expected -1.6%)

Japan data, in brief the PPI shows inflation at a business level.

PPI for January

+0.4% m/m

• expected 0.4%, prior 0.5% m/m

-1.6% y/y

• expected -1.6%, prior -2.0% y/y

Data for the 'domestic final goods prices' index is released with the PPI, which loosely correlates with CPI:

• -0.8% y/y