Japan’s producer prices pick up, backing case for another BOJ rate hike

🇯🇵 The Japan Times (JP) —
Japan’s producer prices pick up, backing case for another BOJ rate hike

AI Summary

Japanese producer prices rose 0.7% month on month in October, their fastest increase since May. The pickup may support the case for another Bank of Japan interest-rate hike.

Prices for goods traded between Japanese firms climbed 0.7% month on month in October, the fastest since May.

Politics Markets Japan producer prices inflation Bank of Japan interest rates October

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