News

Japan – PPI for April 1.2% y/y (expected 1.1%)

PPI is inflation at the wholesale level (business to business sales and the like), not consumer price inflation

For April:

+1.2 % y/y

  • expected 1.1% y/y, prior 1.3%

+0.3 % m/m

  • expected 0.2% m/m,
    prior 0.3%

The data release also includes ‘domestic final goods prices’, which is a guide to consumer inflation, up 0.4 y/y

Its a good idea before Japanese data releases to clean my glasses, that way I can see if the yen moves. It has! About 2 tics or so. 

ForexLive

Articles You May Like

Zijin of Global Times: China will certainly retaliate from barbaric suppression of Huawei
EURUSD still stuck in the day’s “battle zone”
EURUSD Monthly Open Range in Focus Ahead of Germany GDP Report
Eurozone March trade balance €17.9 billion vs €19.4 billion expected
GBPJPY bounces but buyers have more work to do to change the bearishness

Leave a Reply

Your email address will not be published. Required fields are marked *