Japan June wholesale prices rise 2.9% y/y

Business

TOKYO :Japan's annual wholesale inflation slowed in June for the third straight month, data showed on Thursday, backing up the central bank's view that price pressures from rising raw material costs will gradually dissipate. The corporate goods price index (CGPI), which measures the price companies charge each other for their goods and services, rose 2.9 per cent in June from a year earlier, Bank of Japan data showed, matching a median market forecast and slowing from a revised 3.3 per cent

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Japan June wholesale prices rise 2.9% y/y https://www.channelnewsasia.com/ - 04:04

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Japan June wholesale prices rise 2.9% y/y https://www.channelnewsasia.com/ - 04:04