In May, the Services Producer Price Index (PPI) in Japan increased by 1.6% compared to the same month of the previous year, which was in line with the reading from the previous month. However, it was slightly lower than the expected increase of 1.8%.

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There was a yearly increase of 1.6% in Japan’s PPI Services for the month of May.

I will share the June meeting Summary from the Bank of Japan separately, which is also being released at the same time.

“Previously:”

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