The May PPI services in Japan increased by 1.6% year-on-year, which is slightly below the expected increase of 1.8%. The previous year’s increase was also 1.6%.

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The year-on-year increase in the Japan PPI Services for May was 1.6%.

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

“Previously,” or “In the past,”

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