Producer prices in Japan rose 1.7 percent year-on-year in January 2020, following a 0.9 percent gain in the previous month and above market expectations of a 1.5 percent increase. It was the highest producer inflation rate since November 2018, boosted by cost of oil & coal (9.2 percent vs 1.2 percent); beverage & foods (1.5 percent vs 1.2 percent); production machinery (3 percent vs 2.8 percent); and electronic components & devices (0.8 percent vs 0.6 percent). Also, prices rebounded for
nonferrous metals (0.5 percent vs -2.3 percent); and information & communication equipment (0.3 percent vs -0.1 percent). On a monthly basis, producer prices went up 0.2 percent, after rising 0.1 percent in December.
Producer Prices Change in Japan averaged 1.40 percent from 1961 until 2020, reaching an all time high of 33.90 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. source: Bank of Japan
Producer Prices Change in Japan is expected to be 1.20 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 1.50 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.