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MNI BRIEF: BOJ Must Watch for Corporate Price Hikes

(MNI) Tokyo

The Bank of Japan said on Monday that it must pay attention to the possibility that the pass-through of cost increases may become more widespread for some goods which have already seen substantial increases in prices, particularly food.

“Once some food prices start to rise, the rate of increase in the CPI for food tends to accelerate,” said the full text of the BOJ Outlook Report released on Monday.

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The Bank of Japan said on Monday that it must pay attention to the possibility that the pass-through of cost increases may become more widespread for some goods which have already seen substantial increases in prices, particularly food.

“Once some food prices start to rise, the rate of increase in the CPI for food tends to accelerate,” said the full text of the BOJ Outlook Report released on Monday.

Keep reading...Show less