Japan’s producer price index (PPI) advanced 0.7% in October compared to September, as indicated by a preliminary report issued on Thursday by the Bank of Japan (BoJ). The producer price index registered a 7.1% increase on an annual basis, surpassing the prior month's 6.8% gain.
The report further detailed a 12.2% annual expansion in Japan’s export price index, expressed in contractual currency terms, accompanied by a 0.6% increase month-over-month. Import prices registered a 19.2% gain year-on-year and a 2.3% advance from September.