Japan’s producer inflation accelerated more than expected in June, highlighting mounting cost pressures from the Middle East conflict, robust AI-related demand and the persistent weakness of the Yen. Producer Price Index rose 0.4% month-on-month and 7.4% year-on-year, exceeding expectations of 0.3% and 6.8% respectively. Annual producer inflation accelerated from 6.6% in May to its fastest […]
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