Sharp cost increases tied to energy, transport and a weak yen, with the Middle East war cited by firms, show that oil and currency moves are still feeding straight into factory prices. The reading is still well above the 50 line, so the story is slower growth rather than a downturn, but the drop to a six-month low in a sector reliant on overseas demand will keep attention on how long export strength can last.
The reading is still well above the 50 line, so the story is slower growth rather than a downturn, but the drop to a six-month low in a sector reliant on overseas demand will keep attention on how long...
Sharp cost increases tied to energy, transport and a weak yen, with the Middle East war cited by firms, show that oil and currency moves are still feeding straight into factory prices.
Persistent selling price increases are also relevant to the Bank of Japan's assessment of inflation.
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The reading is still well above the 50 line, so the story is slower growth rather than a downturn, but the drop to a six-month low in a sector reliant on overseas demand will keep attention on how long export strength can last. Sharp cost increases tied to energy, transport and a weak yen, with the Middle East war cited by firms, show that oil and currency moves are still feeding straight into factory prices. Persistent selling price increases are also relevant to the Bank of Japan's assessment of inflation.
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