Economic Indicators

Japan’s wholesale inflation rises in September

2024.10.09 20:23

By Leika Kihara

TOKYO (Reuters) – Japan’s wholesale prices rose 2.8% in September from a year earlier, data showed on Thursday, accelerating from the previous month in a sign of lingering inflationary pressure from raw material imports.

© Reuters. A passerby walks past a retail shop displaying 'SALE' banners in Tokyo, Japan February 15, 2024.  REUTERS/Issei Kato/ File Photo

The rise in the corporate goods price index (CGPI), which measures the price companies charge each other for their goods and services, exceeded a median market forecast for a 2.3% increase and followed a 2.6% gain in August.

The yen-based import price index fell 2.6% in September from a year earlier, after a 2.5% gain in August, the data showed.



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