Domestic wholesale prices dropped 1.1 percent last month from a year before for the 12th consecutive month of decline, the Bank of Japan said Tuesday.

It was the largest decline since the 1.2 percent fall in September 1999, and it was the fourth straight month that the margin of decline expanded, the BOJ said.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.