Bank of Japan data for the Corporate Goods Price Index (PPI)
+0.4% m/m
- expected +0.3%, prior +0.3%
+2.7% y/y
- expected +2.5%, prior +2.7%
This will keep the Bank of Japan on the alert for rate rises, politics allowing!
Japan October PPI +0.4% m/m (expected +0.3%) & +2.7% y/y (expected +2.5%)
- Japan goods PPI jumps higher than expected
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