Japan's corporate service inflation perks up in August

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TOKYO :A leading indicator of Japan's service-sector inflation perked up in August, data showed on Thursday, backing up the central bank's view that rising labour costs will help keep inflation sustainably around its 2 per cent target. The services producer price index, which tracks the price companies charge each other for services, rose 2.7 per cent in August from a year earlier, Bank of Japan data showed, accelerating from a revised 2.6 per cent gain in July. Hotel prices rose 7.6 per cent

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Japan's corporate service inflation perks up in August https://www.channelnewsasia.com/ - 25.09.2025 05:22

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Japan's corporate service inflation perks up in August https://www.channelnewsasia.com/ - 25.09.2025 05:22