Japan's corporate goods price index posted a fourth straight year-on-year decline in September, with the index falling to the lowest level since December 2016 when it fell 1.2% on year, data released by the Bank of Japan Thursday showed. September's 1.1% y/y fall accelerated from a 0.9% decline in August, -0.6% in July and -0.2% in June, which was then the first year-on-year drop in 30 months. A BOJ official noted that CGPI was weighed by weak gasoline prices, although higher prices for agriculture, forestry and fishery products offered upside pressure. The BOJ official didn't touch on the outlook for CGPI, or ... (full story)