Japan data: May PPI 6.3% y/y (expected 5.5%) and 0.9% m/m (expected 0.5%)

Wholesale inflation remains elevated in Japan, way above expectations.

May 2026 PPI, or corporate goods price index (CGPI), which measures the price companies charge each other for their goods and services:

6.3% y/y

expected 5.5%, prior 4.9%)

0.9% m/m

expected 0.5%, prior 2.3%

Here’s a BoJ forecast:

Daiwa sees BOJ June hike as bid to avoid falling behind the curve
This article was written by Eamonn Sheridan at investinglive.com.