In May, Japan’s Producer Price Index for services increased by 1.6% compared to the previous year, which was the same level as the previous reading. However, it fell short of the expected increase of 1.8%.

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In May, there was a yearly increase of 1.6% in Japan’s Producer Price Index (PPI) for services.

Out at the same time is the June meeting Summary from the Bank of Japan, I’ll post on htay separately.

Previously:

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