✉news BusinessBanking first seen 20 h ago, last 15 h ago, peak #14
Japan services producer prices rise 3.7% in August
Original: Japan services producer prices rise 3.7% in August, fastest pace in over two years
Japan's services producer prices climbed 3.7% in August, the fastest pace in more than two years. The figures point to persistent inflationary pressure in the services sector, adding to expectations that the Bank of Japan could face continued calls to weigh further interest rate increases as cost pass-through broadens across the economy.
Why now: Persistent service-sector inflation in Japan raises expectations of further Bank of Japan rate hikes.
Rank over time, top of the chart is #1. 5 snapshots from 20 h ago to 15 h ago.
Evidence
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