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Global Market: Japan wholesale inflation hits over three-year high, reinforcing BOJ rate hike expectations
Japan's wholesale inflation accelerated to its fastest pace in more than three years in June as companies passed on higher input costs driven by the Middle East conflict and a weaker yen. The stronger-than-expected reading has reinforced expectations that the Bank of Japan could raise interest rates again later this year.
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channelnewsasia.com
Japan's wholesale inflation hits 3-year high as fuel costs, weak yen bite
TOKYO, July 10 : Japan's wholesale inflation accelerated in June at the fastest pace in more than three years as firms aggressively passed on rising costs from the Middle East…
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Japan's wholesale inflation spikes as fuel costs, weak yen bite
TOKYO, July 10 : Japan's wholesale inflation accelerated in June at the fastest pace in more than three years and the government brushed aside market concern over political…
