Japan January corporate service prices rise 2.1% YoY, BOJ says
Japan's business-to-business service prices rose 2.1 per cent year-on-year in January, slowing from a 2.4 per cent annual gain in December, central bank data showed on Monday.
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Japan's business-to-business service prices rose 2.1 per cent year-on-year in January, slowing from a 2.4 per cent annual gain in December, central bank data showed on Monday. Image: Reuters
Japan's business-to-business service prices rose 2.1 per cent year-on-year in January, slowing from a 2.4 per cent annual gain in December, central bank data showed on Monday.
The Bank of Japan is closely watching service price movements to see whether inflationary pressure is broadening in the economy to warrant phasing out its massive stimulus.
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