November Japanese PPI +9.3% vs +8.9% y/y expected

  • Japan corporate goods price index
  • Prior was +9.1%
  • Prices up 0.6% m/m vs +0.5% expected

The stronger yen should help to unwind some of the high prices in the next month or two but I don't understand how this doesn't make its way into consumer prices at some point. How could Japan be the only nation in the world not seeing significant inflation?

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