July 2026 Corporate Services Price Index climbs 3.6% year-on-year, exceeding expectations of 3.2%.
Japan’s July 2026 Services Producer Price Index (PPI) increased by 3.6% year-on-year, surpassing the anticipated 3.2% rise and matching the prior month’s revised print. The index also rose 0.4% month-on-month, reversing a 0.4% decline in June.
Expectations had centered on a 3.2% annual gain, in line with the prior month’s reading. The data reflects persistent inflationary pressures in the services sector, a key indicator for broader price trends.
The release did not include immediate market reaction details.