Wholesale prices rose 2.7 percent in May, the fastest pace since January, as energy costs climbed, the Bank of Japan said Tuesday.
The prices of goods traded between companies had been trending downward since late last year, and the rebound could push up consumer prices all the way down the line. That would be a welcome outcome for the central bank, which is trying to stoke 2 percent inflation to spark economic activity.
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.
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.