Japan's producer prices rise 4% in April - Breaking The News

Japan's producer prices rise 4% in April

13 May

1 min read

EPA-EFE/WU HAO

Japan's producer price index (PPI) rose by 4% in April compared to the same time period last year, as seen in a report released by the Bank of Japan on Wednesday.

The figure matched market expectations but showed a slight slowdown from March's 4.2% gain. On a monthly basis, the PPI edged up 0.2%, also easing from a 0.4% increase in the previous report.

The report also highlighted a 0.4% decline in Japan's export price index, measured in contractual currency terms, fell 0.4% year-on-year and declined 0.3% from March. Import prices dropped 2.6% compared to a year ago and fell 0.6% month-on-month.

data ppi

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