• Kyodo


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.

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