Japan September PPI Services (Corporate Services Price Index) 2.6% y/y (expected 2.7%)

Japan September 2024 PPI Services (Corporate Services Price Index) 2.6% y/y

• expected 2.7%, prior 2.7%

Earlier from Japan:

• Tokyo area October inflation data: Headline 1.8% y/y (prior 2.2%)

And, ahead:

• Japan election this weekend, LDP might lose out, need support from other parties to govern
• Potential impact of Japan and US Elections on BoJ intervention, and monetary policy stance

For the yen,

• Yen intervention official Mimura says fin min Kato met with US TreasSec Yellen on Thursday

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Japan Services Producer Price Index (PPI) measures the average change over time in the prices received by service providers (in the private sector) for their services in Japan

• Data published by the Bank of Japan
• covers services such as transportation and communication, finance and insurance, wholesale and retail trade, and others