Japan data - February PPI 9.3% y/y (expected +8.7)

PPI for February 9.3% y/y

• expected 8.7%, prior 8.6%
• 9.3% is the hihgest ever y/y reading

and 0.8% m/m

• expected 0.6%, prior 0.6%

So far the higher inflation at producer level has not translated into core Japanese CPI.