Japan data - July PPI +0.2% m/m (expected +0.2%) & +2.6% y/y (expected +2.5%)

The PPI data comes from the Bank of Japan.

Producer Price Index (YoY) (Jul) +2.6, higher than expected but down from June

• expected 2.5%, prior 2.9%

Producer Price Index (MoM) (Jul) +0.2%, in line and higher than in June

• expected 0.2%, prior -0.2%

This data is not consumer level inflation, but it feeds into it.

more to come