Tag: energy costs
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Japan’s wholesale prices spike in July on higher energy costs, weak yen
TOKYO, July 10 : Japan’s wholesale prices in June surged 7.1 per cent from a year earlier, accelerating from the previous month in a sign of mounting inflationary pressure from the energy shock caused by the Middle East conflict.The rise in the producer price index was faster than the median market forecast f
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Japan wholesale inflation accelerates to fastest in 3 years as energy costs spike
TOKYO, June 10 : Japan’s wholesale inflation accelerated in May at the fastest pace in three years as price pressures from the Middle East war broadened, data showed on Wednesday, adding to the case for further interest rate hikes by the central bank.The Bank of Japan meets next week and is expected to delive
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