Japan Producer Prices Hold Steady At 0.5%

Producer prices in Japan were up 0.5 percent on year in September, the Bank of Japan said on Monday – in line with expectations and unchanged from the August reading following a downward revision from 0.6 percent.

On a monthly basis, producer prices were flat following the 0.1 percent decline in the previous month.

Excluding international transportation, producer prices were up an annual 0.6 percent after gaining 0.5 percent a month earlier.

Among the individual components, prices were up for transportation, communications and leasing and rental. Prices were down for advertising and architectural services.

The material has been provided by InstaForex Company – www.instaforex.com