Asia

Wednesday, February 12, 2020 - 20:28

MNI DATA IMPACT: Japan Jan CGPI +1.7% Y/Y; 3rd Monthly Rise


TOKYO (MNI) - Japan's corporate goods price index posted a third straight year-on-year increase in January, with the index accelerating to the highest level in 14 months, according to data released by the Bank of Japan on Thursday.

- January's 1.7% y/y gain was up on a rise of 0.9% in December, 0.1% in November and -0.4% in October.

- For the month, CGPI rose 0.2% , following a 0.1% m/m gain in December.

- The export price index rose 0.3% m/m on a yen basis, quicker than the previous flat growth, marking the fifth consecutive monthly rise.

- The import price index rose 0.7% m/m on a yen basis, down from the 0.9% m/m growth reported in December.

--MNI Beijing Bureau; tel: +86 (10) 8532-5998; email: flora.guo@marketnews.com
--MNI Sydney Bureau; +61 405322399; email: lachlan.colquhoun.ext@marketnews.com

[TOPICS: MAJDS$,M$A$$$,M$J$$$]

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