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Japan Feb wholesale prices rise 1.0% y-o-y

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Japanese wholesale prices rose 1.0 per cent in the year to February, Bank of Japan data showed on Monday.

[TOKYO] Japanese wholesale prices rose 1.0 per cent in the year to February, Bank of Japan data showed on Monday.

The rise in the corporate goods price index (CGPI), which measures the price companies charge each other for their goods and services follows a 0.5 per cent annual increase in January.

Overall final goods prices - the prices of finished products charged to businesses - fell 0.6 per cent from a year earlier.

Domestic final goods prices, which loosely track the consumer price index, rose 0.3 per cent from a year earlier.

REUTERS

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