Japan’s PPI rises to 3% yoy as Yen weakness fuels import costs surge

Japan’s Producer Price Index rose by 3.0% yoy in July, aligning with market expectations and slightly up from June’s 2.9% yoy increase. This marks the sixth consecutive month of acceleration and the fastest rate of increase in 11 months. A significant driver of this rise was the 10.8% yoy increase in yen-denominated costs for imported […]

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