Japan's August wholesale inflation slows, takes pressure off BOJ

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TOKYO :Japan's annual wholesale inflation slowed in August as the yen's rebound weighed on import costs, data showed on Thursday, taking some pressure off the central bank to address upward price risks with near-term interest rate hikes. The corporate goods price index (CGPI), which measures the price companies charge each other for their goods and services, rose 2.5 per cent in August from a year earlier, Bank of Japan (BOJ) data showed, slowing from a 3.0 per cent gain in July. It fell short

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Japan's August wholesale inflation slows on yen rebound https://www.channelnewsasia.com/ - 12.09.2024 08:05
Japan's August wholesale inflation slows, takes pressure off BOJ https://www.channelnewsasia.com/ - 12.09.2024 08:05
Japan's August wholesale inflation slows on yen rebound https://www.channelnewsasia.com - 12.09.2024 03:24

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Japan's August wholesale inflation slows on yen rebound https://www.channelnewsasia.com/ - 12.09.2024 08:05
Japan's August wholesale inflation slows, takes pressure off BOJ https://www.channelnewsasia.com/ - 12.09.2024 08:05
Japan's August wholesale inflation slows on yen rebound https://www.channelnewsasia.com - 12.09.2024 03:24