Japan April wholesale prices surge, PPI +4.9% y/y (expected +3%, prior +2.6%)

Japan April 2026 PPI +4.9% y/y

• expected +3%, prior +2.6%
• yen-based import price index rose at its fastest pace y/y since December 2022

and +2.3% m/m

• prior +0.8%

Just the data post, I'll have more to come on this separately. ADDED, here:

• Japan wholesale prices surge 4.9% as Iran war drives import cost spike