Japanese October Services PPI 2.7% (vs. expected 2.7% & prior 3.0%)

  • Services Producer Price Index data from the Bank of Japan
Bank of Japan

Services PPI data for October 2025, seen as a leading indicator of Japan's consumer services sector prices.

  • prices continued to rise for labour-intensive industries such as hotel and construction work
  • underscoring the central bank's view a tight job market will keep pushing up wages and service-sector inflation

This'll keep the BoJ pondering rate hikes:

Japan October services ppi 26 November 2025 2

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