Wholesale prices in Japan up 1.3 percent

(MENAFN) The bank of Japan (BOJ) said that wholesale prices in Japan went up 1.3 percent last year due to the yen's weakening, Xinhua reported

The central bank said in a preliminary report said that corporate goods' index of prices came at 101.9 versus 2010 base of 100

Prices of petroleum and coal products increased 8.8 percent from a year earlier, while electricity, gas and water bills increased 8.4 percent on higher import costs as the yen depreciated about 20 percent from a year before

Lumber and wood products prices climbed 8.7 percent as a result of increased housing starts in both Japan and the United States


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.