Japan’s wholesale inflation picks up as weak Yen raises imports

  • 3 months ago
Japan’s wholesale inflation picks up as weak Yen raises imports

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00:00Japan's wholesale inflation saw an uptick in June due to yen depreciation raising import
00:06costs for raw materials.
00:08The rise in wholesale prices has raised market expectations for a possible Bank of Japan
00:13or BOJ interest rate hike soon.
00:17Increasing global commodity costs and the phase-out of gasoline and fuel subsidies also
00:22contributed to the price upsurge.

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