Latest news with #import price index
CNA
2 days ago
- Business
- CNA
Japan's wholesale inflation slows for 4th month in July
TOKYO :Japan's annual wholesale inflation slowed for the fourth straight month in July, data showed on Wednesday, underscoring the central bank's view that upward price pressure from raw material costs will dissipate. The corporate goods price index (CGPI), which measures the price companies charge each other for their goods and services, rose 2.6 per cent in July from a year earlier, data showed, slowing from the previous month's 2.9 per cent increase. It compared with a median market forecast for a 2.5 per cent rise. The yen-based import price index fell 10.4 per cent in July from a year earlier, following a revised 12.2 per cent drop in June, the Bank of Japan (BOJ) data showed.
Reuters
2 days ago
- Business
- Reuters
Japan's wholesale inflation slows for 4th month in July
TOKYO, Aug 13 (Reuters) - Japan's annual wholesale inflation slowed for the fourth straight month in July, data showed on Wednesday, underscoring the central bank's view that upward price pressure from raw material costs will dissipate. The corporate goods price index (CGPI), which measures the price companies charge each other for their goods and services, rose 2.6% in July from a year earlier, data showed, slowing from the previous month's 2.9% increase. It compared with a median market forecast for a 2.5% rise. The yen-based import price index fell 10.4% in July from a year earlier, following a revised 12.2% drop in June, the Bank of Japan (BOJ) data showed.
