In May, the PPI for services in Japan increased by 1.6% compared to the same period last year. This was slightly lower than the expected increase of 1.8%. The previous year’s increase was also 1.6%.

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In May, there was a year-over-year increase of 1.6% in Japan’s PPI services.

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

“Previously:”

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