Japan Corporate Service Prices Add 3.5% In August



Corporate service prices in Japan were up 3.5 percent on year in August, the Bank of Japan said on Thursday. That was below forecasts for a gain of 3.7 percent following the downwardly revised 3.4 percent increase in July (originally 3.7 percent). On a monthly basis, prices eased 0.2 percent following the flat reading in July. Among the individual components of the survey, prices were up for transportation and real estate, and down for advertising and rental.

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