View full page at forexfactory.com

 

Japan's wholesale inflation slows for 6th straight month

From channelnewsasia.com

Japan's wholesale inflation slowed for a sixth straight month in June due to sliding fuel and commodity prices, data showed on Wednesday, a sign the cost-push pressure that drove up consumer prices is steadily easing. The data underscores the central bank's view that consumer inflation will slow in coming months as global commodity prices slide from last year's peak levels. "Sectors like beverage and food makers continue to pass on higher raw material costs. But the pace appears to be moderating," Masato Higashi, head of the Bank of Japan's price statistics division, told a briefing. The corporate goods price ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis