At 2350GTM we get the April Domestic Corporate Goods Price Index from Japan

For the m/m,

  • prior was +0.1% ,
  • expected is +0.1

For the y/y,

  • prior was -0.5%,
  • expected is -0.2%

Corporate good price index has been below zero for 13 consecutive months, and this result is also expected to come in below zero. The war on deflation in Japan has a long way to go.