Japan Producer Prices Climb at a Softer Pace in January
Japan Producer Prices Producer Prices in Japan increased 2.7 percent in January of 2018 over the same month in the previous year, after climbing a downwardly revised 3.0 percent in December. The print matched consensus expectations and was the lowest in six months. The largest increase was observed in petroleum & coal products (12.3 percent vs 14.9 percent in December), followed by nonferrous metal prices (10.5 percent vs 11.2 percent).
Japan Producer Prices
In contrast, prices fell for business-oriented machinery (-0.9 percent vs -0.3 percent in December), electrical machinery & equipment (-0.6 percent vs -0.7 percent), and information & communications equipment (-0.1 percent vs +0.1 percent). On a monthly basis, prices increased 0.3 percent after rising a downwardly revised 0.1 percent in the previous month.
Producer Prices Change
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