Wholesale prices rose 3.4 percent in October from a year earlier, climbing at the fastest pace in nine years on the back of higher energy costs, the Bank of Japan said Monday.
The index of prices for goods traded among companies gained for the 10th straight month to 99.4 against the 2015 base of 100, the central bank said in a preliminary report. After stripping out the effect of a 2014 consumption tax hike, the pace of increase was the fastest since October 2008 when it rose 4.5 percent.
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 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.
SUBSCRIBE NOW
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.