Financial News: Japan Producer Prices Climb 1.6% On Year In

05/25/2023 - 20:10:00 (RTTNews)

(RTTNews) - Producer prices in Japan were up 1.6 percent on year in April, the Bank of Japan said on Friday.

That exceeded expectations for an increase of 1.4 percent following the upwardly revised 1.7 percent gain in March (originally 1.6 percent).

On a monthly basis, producer prices rose 0.2 percent - easing from the 0.6 percent gain in the previous month.

Excluding international transportation, producer prices were up 1.8 percent on year and 0.2 percent on month.

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