Producer prices in Japan decreased 0.8 percent year-on-year in September of 2020 after declining a revised 0.6 percent in August and compared to market expectations of a 0.5 percent drop. Prices fell further for electric power, gas & water (-4.6 percent vs -3.7 percent in August) and iron & steel (-1.1 percent vs -1.0 percent). In addition, transportation equipment cost rose at a softer pace (1.8 percent vs 1.9 percent) while inflation was unchanged for beverages & food (at 0.4 percent). On a monthly basis, producer prices dropped 0.2 percent, following a revised 0.1 percent gain in the prior month. source: Bank of Japan
Producer Prices Change in Japan averaged 1.37 percent from 1961 until 2020, reaching an all time high of 33.80 percent in February of 1974 and a record low of -8.60 percent in August of 2009. This page provides - Japan Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Producer Prices Change in Japan is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Japan to stand at 1.10 in 12 months time. In the long-term, the Japan Producer Prices Change is projected to trend around 1.50 percent in 2021 and 1.80 percent in 2022, according to our econometric models.