Wholesale inflation stays elevated in Japan, means above expectations.
Could 2026 PPI, or company items value index (CGPI), which measures the value firms cost one another for his or her items and companies:
6.3% y/y
- anticipated 5.5%, prior 4.9%)
0.9% m/m
- anticipated 0.5%, prior 2.3%
This is a BoJ forecast:
- Daiwa sees BOJ June hike as bid to keep away from falling behind the curve
This text was written by Eamonn Sheridan at investinglive.com.
