Japan PPI (May) -0.7% m/m (expected -0.2%) | Forexlive

Japan PPI, AKA Corporate Goods Price Index. This is ‘wholesale’ level inflation , the price that firms charge each other for products.

PPI -0.7% m/m

• expected -0.2%, prior +0.2%

+5.1% y/y

• expected 5.6%, prior 5.8%

This data point is from the Bank of Japan. The Bank’s policy meeting is leter this week:

The first panel (below) is the PPI – seems to be turning over: