Japan Services Producer Price Index (April 2025) +3.1% (expected +3.0%, prior +3.1%)

Japan services PPI for April 2025 from the Bank of Japan:

+3.1%

• expected +3.0%, prior +3.1%

Also referred to as the Corporate Services Price Index (CSPI).

No sign of an inflation slowdown here. This is wholesale level inflation. Last week we got the latest consumer price reading and that's remaining above BoJ target also:

• Japan April CPI remains well above the Bank of Japan target rate