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MNI BRIEF: Japan Nov CGPI Rises 3.7% Y/Y, Import Prices Drop

MNI (TOKYO) - Japan's corporate goods price index rose 3.7% y/y in November, accelerating from October’s revised 3.6%, but import prices posted their third straight drop, data released by the Bank of Japan showed on Wednesday.

The November index was boosted by high agriculture, forestry and fishery products (+31.0% vs. +38.1%) and electric power, gas and water (+9.2% vs. +5.9%).

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MNI (TOKYO) - Japan's corporate goods price index rose 3.7% y/y in November, accelerating from October’s revised 3.6%, but import prices posted their third straight drop, data released by the Bank of Japan showed on Wednesday.

The November index was boosted by high agriculture, forestry and fishery products (+31.0% vs. +38.1%) and electric power, gas and water (+9.2% vs. +5.9%).

Keep reading...Show less