Japan PPI Accelerates to 7.1% as Price Pressures Spread Beyond Energy

Japan’s producer price inflation accelerated from 6.8% yoy in September to 7.1% in October, exceeding market expectations of 6.5%, as rising energy, chemical and industrial costs reinforced inflation pressures across the economy. On a monthly basis, the Corporate Goods Price Index rebounded from -0.2% to 0.7%, reflecting renewed price increases across several major industries. The […] The post Japan PPI Accelerates to 7.1% as Price Pressures Spread Beyond Energy appeared first on ActionForex.