Japan’s PPI slows to 2.9% yoy in June, stronger Yen helps ease import costs

Japan’s Producer Price Index rose 2.9% yoy in June, easing from May’s 3.3% yoy pace and in line with expectations. The slowdown reflects a moderation in upstream price pressures, as firms begin to benefit from a firmer Yen. Yen-based import price index dropped -12.3% yoy from a year earlier, deepening from May’s -10.3% yoy fall […]

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