JEQ - Japan producer prices rise 3.2% Y/Y in August the least in 29 months

2023-09-13 00:48:33 ET

• Producer prices in Japan rose by 3.2% year-on-year in August 2023, slowing from a downwardly revised 3.4% gain in July and posting the lowest reading since March 2021, marking the eighth consecutive month of a slowdown in producer inflation amid easing global cost pressures.

• On a monthly basis, producer prices edged up 0.3% in August, accelerating from a 0.1% gain in July.

• ETFs: ( JEQ ), ( EWJ ), ( DXJ ), ( FXY ).

More on Japan economy:

• Japan industrial output drops more than expected in July

• Japan's GDP growth in Q2 revised down on capex and wages fall

• Japan retail sales growth of 6.8%, tops forecast

• Japan core inflation slows in July as expected, headline inflation unchanged at 3.3%

• Japan's Q2 GDP growth exceeds forecasts as exports rebound

• Japan producer prices rise 3.6%, the least in over two years

• Japan services PMI revised slightly lower at 53.8 in July

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