2024-07-10 01:23:16 ET
- Japan's data showed that the country’s corporate goods price index increased 2.9% year-on-year in June, the highest reading since August last year, and higher from an upwardly revised 2.6% growth in the prior month and aligning with market estimates.
- The monthly producer prices rose by 0.2%, the least since February, after a 0.7% gain in May.
- The Japanese yen depreciated to around 161.5 per dollar.
- The Nikkei 225 Index jumped 0.4% to 41,744 on Wednesday, hovering at all-time highs.
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Japan services PMI revised lower to 49.4 in June from preliminary data
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Japan's manufacturing PMI revised downward to 50.0 in June than initially thought
- Japan's industrial production expands more than expected in May; jobless rate stays at 2.6%
- Japan's inflation rate accelerates in May to 2.8%; core inflation lower than expected at 2.5%
- Japan Q1 GDP shrinks more than expected on weak consumer spending
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Japan's June producer inflation rose by 2.9% as expected, highest in ten months