Producer prices in Japan jumped 9.1% year-on-year in October 2022, slowing from September’s upwardly revised 10.2% gain but posting above expectations for a sharper drop to 8.8%, as high commodity prices and a weak yen continued to inflate input costs for companies. Still, October’s figure was the lowest reading since January, possibly reflecting the downward trend in global inflation. Upward price pressures came from nearly all components, with notable increases in: electric, power, gas & water (43.2%), minerals (27.5%), iron & steel (22.4%), metal products (13%) and pulp, paper & related products (9.5%). On a monthly basis, producer prices increased 0.6% in October, slowing from an upwardly revised 1% rise in September. source: Bank of Japan
Producer Prices Change in Japan averaged 1.52 percent from 1961 until 2022, 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 December of 2022.
Producer Prices Change in Japan is expected to be 8.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Producer Prices Change is projected to trend around 4.20 percent in 2023 and 3.80 percent in 2024, according to our econometric models.