Japan's wholesale prices rose in April y/y, but the pace slowed for the 4th straight month

  • Japan April PPI recap

The data post is here from earlier:

Reuters have a recap posted, making the point that the falling import price index part of the data:

  • underscores the BOJ's view that core consumer inflation will likely begin to slow later this year as the effect of past spikes in raw material costs begins to dissipate.
japan ppi april 2023

The panel on the right of this triptych from the BOJ shows the rapid fall for the Import Price Index.

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