Japan August PPI +0.3% m/m (expected +0.1%) | Forexlive

Japan PPI, AKA Corporate Goods Price Index.

This is ‘wholesale’ level inflation, the price that firms charge each other for products (more on this under the screenshot)
the annual rate, at 3.2%, slowed in August for the eighth straight month
July was revised down to 3.4%
peaked at 10.6% y/y in December last year

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The Producer Price Index (PPI) in Japan is also known as the Corporate Goods Price Index (CGPI)

its a measure of the average change over time in the selling prices received by domestic producers for their output
is calculated by the Bank of Japan

Unlike the Consumer Price Index (CPI), which measures the price change that consumers see for a basket of goods and services, the CGPI focuses on the change in the prices of goods sold by companies.

The PPI reflects some of cost pressures faced by producers

its based on a basket of goods that represents the range of products produced within the Japanese economy, including items such as:
- raw materials like metals and chemicals
- semi-finished goods
- and finished products
- different weights are assigned to each category within the index based on its contribution to the overall economy.
it does not account for the quality improvements in goods and services over time, which might lead to overestimation of inflation
- additionally, it reflects only the prices of domestically produced goods, leaving out the impact of imported goods

The PPI can be used as a guide to inflationary pressures in the economy: