Japan import costs surge on weak Yen, fastest since July 2024

Japan’s producer inflation moderated in February, offering some relief on the domestic cost front even as import prices surged. Producer Price Index rose 2.0% yoy, slowing from January’s 2.3% pace and coming in slightly below market expectations of 2.1%. The softer PPI reading suggests upstream price pressures in Japan’s domestic production sector may be easing […]

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