Japan June PPI Rises 7.1% as Monthly Producer Prices Accelerate 0.4%
Updated
Updated · TradingView · Jul 10
Japan June PPI Rises 7.1% as Monthly Producer Prices Accelerate 0.4%
3 articles · Updated · TradingView · Jul 10
Summary
Japan’s producer prices rose 7.1% in June from a year earlier, topping the 6.8% consensus and quickening from May’s 6.3% increase.
Monthly PPI climbed 0.4%, also above the 0.3% forecast, though it slowed from the prior month’s 0.9% gain.
The Bank of Japan data point adds to signs of persistent upstream price pressure, with June showing firmer-than-expected inflation at the producer level.