Yen catching a wee bid on this, another indication of inflation pressure. This’ll fuel further speculation of Bank of Japan rate hikes to come.
Japan PPI for January is +4.2%y/y (expected +4.0% prior +3.8%)
- For the m/m, comes in at +0.3% (vs. expected +0.3% and prior of +0.3%)
Also known as the Corporate Goods Price Index, a monthly report from the Bank of Japan:
This article was written by Eamonn Sheridan at www.forexlive.com.
