According to data released by the Japanese Central Bank on Thursday, prices for (wholesale) goods in Japan climbed by 7% yearly on September 9 of last year.
According to the revised data, this percentage is higher than the rate of increase that analysts had predicted would be 8. 8% yearly after prices increased by 9. 4% in August of last year, although the first data suggested that prices would only climb by 9%.
Wholesale prices in Japan rose by 0. 7% last month on a monthly basis, which is also higher than 0.
2%, compared to 0. 4% in August of last year, per the updated figures.
Japanese import prices grew by 0. 2% monthly and 21% annually last month while export prices decreased by 0. 5% monthly and increased by 2. 9% yearly.
September saw a 9.7% yearly increase in wholesale prices in Japan.
About Author
