![The year-on-year increase in Japan’s Producer Price Index for Services in May was 1.6%, which is lower than the expected 1.8% and the same as the previous month. The year-on-year increase in Japan’s Producer Price Index for Services in May was 1.6%, which is lower than the expected 1.8% and the same as the previous month.](https://mehabe.com/wp-content/uploads/2023/06/Japan20services20ppi20May202023_id_773688f1-c1b0-46f8-be5b-a7394b896403_original-47.jpg)
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In May, the year-on-year increase in Japan’s PPI Services was 1.6%.
I will post separately about the June meeting summary from the Bank of Japan, which is also being released at present.
“Previously:”
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