In May, Japan’s PPI Services increased by 1.6% compared to the previous year, which was the same as the previous month’s figure. However, the expected increase was 1.8%, meaning the actual result was lower than what was anticipated.

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The year-on-year increase in Japan’s PPI Services for May was 1.6%.

I will post separately about the June meeting Summary from the Bank of Japan, which will also be released at the same time.

“Previously:”

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