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Japan May wholesale prices rise 9.1% yr/yr

reuters.com · 06/09/2022 19:58
Japan May wholesale prices rise 9.1% yr/yr

- Japan's wholesale prices rose 9.1% in May from a year earlier, data showed on Friday, in a sign rising fuel and raw material costs were squeezing corporate profits.

The increase in the corporate goods price index (CGPI), which measures the price of goods companies charge each other, was smaller than a median market forecast for a 9.8% gain.


(Reporting by Leika Kihara
Editing by Chang-Ran Kim)

((leika.kihara@thomsonreuters.com; +813-6441-1828; Reuters Messaging: leika.kihara.reuters.com@reuters.net))