Home Forex Trading Japan data – PPI for November +0.2% vs expected +0.1% – ForexLive

Japan data – PPI for November +0.2% vs expected +0.1% – ForexLive

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The PPI is a guide to business level inflation (not consumer level) 

For, November, comes in at +0.2% m/m 

  • expected 0.1%
  • prior 1.1%

For the y/y, comes in at +0.1%

  • prior +0.4%

As part of the release is a guide to consumer level inflation, the ‘domestic final goods price’ index, which fell 0.1% y/y

If the BOJ is intent on hitting its 2i% inflation goal you’d have to think such results will keep easy monetary policy on the boil, with perhaps more to come?  Next BOJ meeting is December 18 and 19.

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