Japanese Wholesale Inflation Moderates While Weak Yen Pressures Import Prices
Japan's wholesale inflation slowed to 2.3 percent in January. Rising import costs from a weak yen now complicate the Bank of Japan's interest rate strategy.
Insights:
Annual wholesale inflation in Japan 
JP slowed for a second consecutive month in January as the Corporate Goods Price Index (CGPI) rose 2.3% year-on-year. This growth represents a deceleration from the 2.4% gain recorded in December. During the same period, yen-based import prices rose 0.5% year-on-year, reflecting the impact of a weak currency on the cost of goods brought into the country.
JP slowed for a second consecutive month in January as the Corporate Goods Price Index (CGPI) rose 2.3% year-on-year. This growth represents a deceleration from the 2.4% gain recorded in December. During the same period, yen-based import prices rose 0.5% year-on-year, reflecting the impact of a weak currency on the cost of goods brought into the country.