Japan’s Services PPI is AKA the Corporate Services Producer Price Index.
Its published by the Bank of Japan.
+2.3% y/y
expected +2.1%, prior +2.1% y/y
This has accelerated for the
second month. The Bank of Japan is keenly watching services prices as a key
indicator of whether wages and inflation are rising together.
This article was written by Eamonn Sheridan at www.forexlive.com.