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Financial News: Japan Producer Prices Rise 0.4% In January

Japan Producer Prices Rise 0.4% In January

02/09/2021 - 19:15:00 (RTTNews)

(RTTNews) - Producer prices in Japan were up 0.4 percent on month in January, the Bank of Japan said on Wednesday - in line with expectations following the 0.5 percent monthly increase in December.

On a yearly basis, producer prices fell 1.6 percent - again matching forecasts after sinking 2.0 percent in the previous month.

Export prices were up 0.9 percent on month and 1.4 percent on year on a contract currency basis last month, the bank said, while import prices rose 2.3 percent on month and sank 5.1 percent on year.

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