In May, the Japan Producer Price Index for services increased by 1.6% compared to the previous year, which was the same as the previous period. The predicted increase was 1.8%, indicating that the actual increase was slightly lower than expected.

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

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

“Previously” or “Beforehand”

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