Inflation: Wholesale inflation in Japan eased in May, largely due to falling crude oil prices, as reported by the Bank of Japan.
- Japan’s wholesale inflation in May dropped to 3.2%, attributed to lower crude oil prices and reduced import costs.
- The Producer Price Index’s growth slowed compared to April’s figures due to elevated farm product prices while highlighting reductions in import pricing.
- The Bank of Japan focuses on demand trend, wary fears around economic shifts/ US Trump-trade protection potentially exposuring.
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