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Channel NewsAsia
Channel NewsAsia
AsiaPac · 35 mins ago
Japan's wholesale prices spike in July on higher energy costs, weak yen
FILE PHOTO: A passerby walks in front of a retail shop displaying a sale advertisement in Tokyo July 10, 2009. REUTERS/Issei Kato/File Photo 10 Jul 2026 08:03AM (Updated: 10 Jul 2026 08:08AM) TOKYO, July 10 : Japan's wholesale prices in June surged 7.1 per cent from a year earlier, accelerating from the previous month in a sign of mounting inflationary pressure from the energy shock caused by the Middle East conflict.The rise in the producer price index was faster than the median market forecast for a 6.8 per cent increase and followed a revised 6.6 per cent increase in May.The yen-based import price index in June rose 29.7 per cent from a year earlier, accelerating from a revised 26.1 per cent gain in May, data released by the Bank of Japan (BOJ) showed on Friday. Source: Reuters
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