Japan’s Corporate Goods Price Index rose 2.7% yoy in October, easing slightly from 2.8% in September but exceeding expectations of 2.5%, according to Bank of Japan data.
Notably, the Yen-based import price index fell -1.5% from a year earlier, marking its ninth straight month of decline. The persistent drop indicates that the weak Yen is not translating into renewed cost-push inflation—contradicting the typical currency-inflation link.
