ANZ research in Australia have provided this grapoh of Japan's import price index:
Comments:
- Has the Japan Import Price Index turned for good?
- With commodity prices falling, the Import Price Index may have peaked.
- A bigger concern for BOJ is now wage inflation as highlighted in its Summary of Opinions
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Rising import prices have been a factor weighing on the yen. If they've turned lower it'll be a positive for the yen.