Japan Producer Prices Surge 6.3%

Japan's May producer prices rose 6.3% year-on-year Japan's producer prices accelerated in May, driven by surging energy and commodity import costs. The 6.3% year-on-year increase exceeded market forecasts of 5.5%. This marks the fastest annual factory-gate inflat

Japan’s May producer prices rose 6.3% year-on-year

Japan’s producer prices accelerated in May, driven by surging energy and commodity import costs.

The 6.3% year-on-year increase exceeded market forecasts of 5.5%.

This marks the fastest annual factory-gate inflation pace since March 2023, following a 5.3% gain in April.

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