The PPI data comes from the Bank of Japan.
Producer Price Index (YoY) (Jul) +2.6, higher than expected but down from June
- expected 2.5%, prior 2.9%
Producer Price Index (MoM) (Jul) +0.2%, in line and higher than in June
- expected 0.2%, prior -0.2%
This data is not consumer level inflation, but it feeds into it.
more to come
This article was written by Eamonn Sheridan at investinglive.com.
