![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%. 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%.](https://mehabe.com/wp-content/uploads/2023/06/Japan20services20ppi20May202023_id_773688f1-c1b0-46f8-be5b-a7394b896403_original-51.jpg)
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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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