Japan’s producer prices slow to 2.8% in July

By Nada Ali On Aug 27, 2024

Japan’s Services Producer Price Index (SPPI) eased to 2.8 per cent in July, down from a revised 3.1 per cent in June, according to the latest data released by Bank of Japan (BOJ) on Tuesday.

Meanwhile, Japan’s SPPI, excluding international transport, declined also to 2.7 per cent compared to a revised 3.1 per cent in June, the report added.

Attribution: Bank of Japan report

Subediting: M. S. Salama

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Bank of Japan (BOJ)BOJ Japan Japan's centeral bank Japan's Services Producer Price Index (SPPI)Japan’s producer prices Japan’s producer prices index Services Producer Price Index (SPPI)