Japan data - April PPI +1.2% m/m (expected +0.8%) & +10% y/y (expected +9.4%)Also known as the Corporate Goods Price Index (CGPI).Japan PPI (y/y ) for April 2022 is +10.0%expected +9.4%, prior +9.7%10% is the highest y/y since December 1980 (oil crisis reverberations)
m/m PPI +1.2%expected +0.8%, prior 0.9%Ongoing price rises recorded for a wide range of industrial inputs:
material for plastics, resin,
fuel oil,
steel sheets,
copper,
electricity
Source: Japan data - April PPI +1.2% m/m (expected +0.8%) & +10% y/y (expected +9.4%) (https://www.forexlive.com/news/japan-data-april-ppi-12-mm-expected-08-10-yy-expected-94-20220515/)
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