Japan’s Services Producer Price Index accelerated from 3.5% to 3.7% y/y in September, matching market expectations, while rising 0.3% m/m following August’s revised 0.1% increase. However, the headline acceleration was driven largely by international transportation costs, rather than a broad strengthening of domestic service-price pressures. Inflation excluding international transportation held unchanged at 2.9% y/y, suggesting […]
The post Japan Services Producer Inflation Rises to 3.7%, but Underlying Price Pressures Hold Steady appeared first on ActionForex.
