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(CEP News) - Domestic corporate goods prices in Japan ticked up 2.8% annually, in-line with projections and below the previous month's upwardly revised 5.0% gain, according to the Bank of Japan Wednesday morning (Tuesday night EST).
The original annual October figure was reported as a 4.8% increase. CGPI ticked down by 1.9% month-over-month in November compared to forecasts for a 1.7% fall, and the prior month's upwardly revised 1.4% drop, which was previously reported as -1.6%. Export prices fell 10.4% month year-over-year in November, compared to October's 8.7% decrease, while import prices decreased by 8.6% compared to a 3.3% expansion the month prior. Export prices fell back by 4.4% month-over-month, while import prices fell 12.2% By Megan Ainscow,
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