Japan’s PPI slowed to 0.0% yoy in Dec, reflecting subsidy effects

Japan’s PPI records a slowdown from 0.3% yoy to 0.0% yoy in December, above expectation of -0.3% yoy. Nevertheless, this figure represents the lowest PPI reading since -0.9% yoy decline in February 2021. The deceleration in Japan’s wholesale prices can be attributed partially to the government’s intervention in the form of subsidies aimed at curbing […]

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