In May, Japan’s PPI Services increased by 1.6% compared to the same period last year, which was the same as the previous rate. However, this was lower than the anticipated increase of 1.8%.

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The year-on-year increase for Japan’s May PPI Services 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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