Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
The year-on-year rise in Japan's corporate goods price index accelerated to 10.2% in December, picking up from November’s revised 9.7% but below the record high 10.3% seen in September, data released by the Bank of Japan Monday showed, indicating upstream price pressures are still building, but are yet to be passed on to consumers.
CGPI rose 0.5% m/m in December, a 12th straight gain. The y/y rise, for the 22nd straight rise, was due mainly to high prices for electric power, gas and water (+52.3% in Dec. vs. +50.5% in Nov.) and for petroleum and coat products (+8.0% vs. +0.6%). Chemicals and related product costs rose 7.2% y/y, slowing from +7.7% in November, reflecting lower global commodity prices.
Japan Producer Price Index
Source: BOJ
Source: bo
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.