Japan inflation indicator down 1% y/y
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Japan Producer Price Index is inflation at a business-to-business level.
The PPI fell both m/m and y/y in March, more on this in just a moment.
As part of the PPI release from the Bank of Japan is a data point that loosely correlates with consumer level inflation (CPI). This is the ‘domestic final goods prices’ index, which fell
The PPI fell both m/m and y/y in March, more on this in just a moment.
As part of the PPI release from the Bank of Japan is a data point that loosely correlates with consumer level inflation (CPI). This is the ‘domestic final goods prices’ index, which fell