Japan's corporate services inflation accelerates in July

Japan Business Service Prices Accelerate, Backing BOJ Hike Case

Service price gains in Japan accelerated last month, adding to signs of inflationary pressure stemming from the Middle East conflict and supporting growing speculation that the central bank will raise its benchmark interest rate next month.

Japan’s corporate services inflation accelerates in July

Sources have indicated that the Bank of Japan plans to raise interest rates as soon as September Read more at The Business Times.

Japan's corporate services inflation accelerates in July

TOKYO, Aug 26 : A key gauge of Japan's service-sector inflation rose 3.6 per cent in July from a year earlier, data showed on Wednesday, reinforcing the central bank's view that a tight labour market is pushing firms to pass rising costs on to consumers.The increase in the services producer price index, which

BOJ to speed up its tightening campaign, raise key rate to 1.25% in September: Reuters poll

By Satoshi Sugiyama TOKYO, Aug 26 (Reuters) - The Bank of Japan will move more swiftly than previously expected and raise interest rates again in September, a majority of economists said in a Reuters poll, with the terminal rate also likely to be highe...

Japan's Corporate Service Prices Rise 3.6% In July, Signaling Sustained Inflation

BitcoinWorld Japan’s Corporate Service Prices Rise 3.6% in July, Signaling Sustained Inflation Japan’s Corporate Service Price Index (CSPI) rose 3.6% in July compared to the same month last year, up from a 3.2% increase in June, according to data released by the Bank of Japan. This acceleration marks the fastest pace of service-sector inflation in decades, underscoring broadening price pressures beyond goods and raising expectations for further…