The Japan Producer Price Index (PPI) for services in May increased by 1.6% compared to the same period last year, which was the same as the previous reading. However, this figure was lower than the expected increase of 1.8%.

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

I will publish a separate post about the June meeting Summary from the Bank of Japan, which will also be made available at this time.

“Previously:”

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