Japan's services inflation steady, signals wage-driven price pressure

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TOKYO, Feb 25 : A leading indicator of Japan's services sector prices rose 2.6 per cent in January from a year earlier, data showed on Wednesday, a sign rising wages from a tight labour market continued to pile inflationary pressure on the economy. The increase in the services producer price index, which tracks the price companies charge each other for services, followed a 2.6 per cent gain in December, Bank of Japan data showed. The rise was driven by higher charges for construction work and

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Japan's services inflation steady, signals wage-driven price pressure https://www.channelnewsasia.com/ - 25.02.2026 04:13

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Japan's services inflation steady, signals wage-driven price pressure https://www.channelnewsasia.com/ - 25.02.2026 04:13