Japan’s PPI rises 3.4% yoy in Oct, highest since mid-2023

Japan’s PPI rose from 3.1% yoy to 3.4% yoy in October, surpassing market expectations of 3.0% and marking the highest annual increase since July 2023. On a monthly basis, PPI advanced by 0.2%, reflecting sustained inflationary pressure within Japan’s production sector. The data also revealed a less pronounced decline in Yen-based import prices, down -2.2% […]

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