Japan April wholesale prices rise 5.8%, but pace slows for 4th straight month
newscatcher
2023-05-15 08:31
Japan April wholesale prices rise 5.8%, but pace slows for 4th straight month
TOKYO – Japan's wholesale prices rose 5.8 percent in April from a year earlier, but the pace slowed for the fourth straight month, data showed on Monday, suggesting that consumer inflation will begin to moderate as cost-push pressures ease. The rise in the corporate goods price index (CGPI), which measures the price companies charge each other for their goods and services, followed a 7.4 percent annual increase in March. The yen-denominated import price index fell 2.9 percent in April from a year earlier after a revised 9.

https://business.inquirer.net/400942/japan-april-wholesale-prices-rise-5-8-but-pace-slows-for-4th-straight-month

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