Japan's wholesale inflation rose to 3.7% in November, signaling economic pressures and potential interest rate hikes.

Japan's wholesale inflation increased to 3.7% in November, up from 3.6% in October, driven by rising raw material and labor costs. This acceleration suggests ongoing economic pressures and may prompt the Bank of Japan to consider raising interest rates. The Corporate Goods Price Index (CGPI), which tracks prices companies charge each other, rose more than expected, indicating continued cost pressures.

3 months ago
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