Japan data – April PPI -0.2% m/m (expected +0.2%) & +3.2% y/y (expected +3.5%)
The PPI data comes from the Bank of Japan. Producer Price Index (YoY) (May) +3.2% expected 3.5%, prior 4.0% Producer Price Index (MoM) (May) -0.2% expected 0.2%, prior 0.2% Yesterday Bank of Japan Governor Ueda expressed worry about inflation (at the consumer level) falling short of his 2% taregt: This data is consumer level inflation, […]