Japan's wholesale inflation slowed for a sixth straight month in June due to sliding fuel and commodity prices, data showed on Wednesday, a sign the cost-push pressure that drove up consumer prices is steadily easing.
The data underscores the central bank's view that consumer inflation will slow in coming months as global commodity prices slide from last year's peak levels.
The corporate goods price index , which measures the price companies charge each other for their goods and services, rose 4.1% in June from a year earlier, data showed, slower than a median market forecast for a 4.3% increase. The main factor behind the slowdown was utility and gas bills which rose 5.3% in June from a year earlier, much smaller than a 12.8% gain in May. Food and beverage prices increased 7.4% in June, smaller than a 8.0% gain in May, the data showed.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Japan: Annual PPI slows to 4.1% in June vs. 4.3% expectedThe Bank of Japan (BoJ) has reported that the Producer Price Index (PPI) dropped by 0.2% in June, which is contrary to expectations of a 0.1% increase
Weiterlesen »
Arizona pitcher TJ Nichols taken by Tampa Bay Rays in 6th round of MLB DraftArizona right-hander TJ Nichols was picked in the sixth round of the MLB Draft by the Tampa Bay Rays, who are renowned for developing players.
Weiterlesen »
China's June inflation data misses expectationsChina's producer prices sank more than expected, official data showed Monday, underscoring the challenges for the country in revitalizing growth momentum.
Weiterlesen »
China’s CPI inflation arrives at 0% YoY in June vs. 0.2% previousChina’s annual Consumer Price Index (CPI) showed no growth in June, compared with the 0.2% annual gain seen in May, according to the latest data publi
Weiterlesen »
'You Made Me Do This': Jenna Ortega Recalls Strange Encounter With Wednesday FanWednesday’s Jenna Ortega shares details about a strange encounter that she recently had with a flight attendant, who was a fan of the Netflix show.
Weiterlesen »