Japan knowledge – July PPI +Zero.2% m/m (anticipated +Zero.2%) & +2.6% y/y (anticipated +2.5%)
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The PPI knowledge comes from the Financial institution of Japan.
Producer Value Index (YoY) (Jul) +2.6, larger than anticipated however down from June
- anticipated 2.5%, prior 2.9%
Producer Value Index (MoM) (Jul) +Zero.2%, in line and better than in June
- anticipated Zero.2%, prior -Zero.2%
This knowledge shouldn’t be shopper stage inflation, nevertheless it feeds into it.
extra to come back
This text was written by Aaron Cutchburt at investinglive.com.
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