Japan PPI for October -0.4% m/m (expected 0.0%) and +0.8% y/y (expected +0.9%) | Forexlive

Japan PPI for October

-0.4% m/m

• expected 0.0%, prior -0.3%

+0.8% y/y

• expected +0.9%, prior +2.0%

Slowing inflation at the business level, indeed deflation m/m, in Japan makes the case for an imminent tightening of Bank of Japan monetary policy not imminent at all!