BOJ’s official: Firms continue to pass on higher raw material costs moderately to sales prices BOJ CentralBanks Inflation USDJPY
“Year-on-year pace of wholesale price rise slowing but more items seeing prices rise,” the official added.
Japan’s wholesale prices marked an annualized rise in January for the 11th straight month. The WPI index rose to 109.5, the highest level since September 1985.USD/JPY is keeping its range around 115.50, up 0.04% on the day. The pair awaits the US inflation data, as US Treasury yields maintain the corrective downside while the dollar rebound amid a mixedInformation on these pages contains forward-looking statements that involve risks and uncertainties.
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