Wholesale level inflation data from Japan
PPI (formerly known as Corporate Goods Price Index (CGPI)) 0.2% m/m
- expected 0.2%, prior 0.6%
PPI 2.8% y/y
- expected 2.8%, prior 2.7%
This is a guide to prices firms are charging each other for goods and services.
There is also a result released for 'domestic final goods prices' that is a loose tracker of the consumer level inflation (CPI) , its up 0.7% y/y
Anyway, back to the trade war!
- US is said to be about to release $200b China tariff list
- AUD/JPY is being punished on the latest China tariff chatter
- More: Trump's list of an additional $200b in China tariffs could be released in hours
- US admin manipulating the markets? Tariff news came at most impactful time
- US Government announcement on the next $200bn China tariffs hitting now
- US Trade Rep says US will impose 10% tariff on additional $200bn China goods