Japan Corporate Service Prices Rise 3.4% In January

An index measuring corporate Service prices in Japan was up 3.4 percent on year in January, the Bank of Japan said on Tuesday - coming in at 102.3. That was below expectations for an increase of 3.6 percent, which would have been unchanged from the December reading prior to a downward revision to 3.5 percent. On a monthly basis, prices dipped 0.5 percent after easing 0.1 percent in the previous month. Among the individual components, prices were lower for communications, transportation and leasing; they were higher for advertising, machinery repair and real estate.

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