Producer prices in Japan rose by 3.2% year-on-year in August 2023, slowing from a downwardly revised 3.4% gain in July and posting the lowest reading since March 2021. The latest figure also marked the eighth consecutive month of a slowdown in producer inflation amid easing global cost pressures. On a monthly basis, producer prices edged up 0.3% in August, accelerating from a 0.1% gain in July.
Source: Bank of Japan, Trading Economics
Post by: Republic of Türkiye Ministry of Trade