- Prior -2.5%. Revised to -1.9%
- -8.0% y/y
- Export prices -2.0% vs -0.9% exp m/m. Prior -1.2%. Revised to -1.0%
- -5.4% y/y
Import prices drop the most since 2008
On the face of it margins are being maintained with the possibility of increases but we need to watch these falling prices affecting the whole price structure across the economy as that's the core number, and the real number to watch on inflation
USD/JPY has dipped further after peaking at 119.20. Now at 118.93
