Japan Producer Price Index for March.
+0.8% m/m
- expected 0.9+%, prior 0.8%
+9.5% y/y
- expected 9.3%, prior 9.3%
The idea with this indicator is the cost pressures faced by business will be passed along to consumers (in the CPI). This has not been happening to much of a degree at all though.
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Producer Price Index data is published by the Bank of Japan
- is a measure of prices for goods purchased by domestic corporates in Japan