Japan PPI for September 0.3% m/m (expected 0.3%)

Producer Price Index is inflation at a business-to-business level (in a very simplified explanation).

It is also known as the Corporate Goods Price Index

0.3% m/m

• expected 0.3%, prior 0.0% m/m

6.3% y/y

• expected 5.9%, prior 5.5% y/y

Wholesale prices rising at a fast clip of 6.3% y/y. The 6.3% gain was the largest since September of 2008. The index is at its highest since August of 2008.

Wholesale prices are expected to be rising much fast in China in September:

• China September inflation data is due later this week - PPI expected to rocket higher. Preview.

Other data from Jpan at the same time, bank lending +0.6% y/y