Wholesale prices in Japan jumped 8.5% from a year earlier in December, marking the second-highest increase on record amid higher crude oil and commodity prices, Bank of Japan data showed Friday.

The rise in the prices of goods traded between companies followed a record 9.2% gain in November and marked the 10th straight month of growth, an indication that upward pressure on consumer prices is persisting.

The BOJ data also showed wholesale prices gained 4.8% in 2021, the highest since comparable data became available in 1981, reflecting rising energy prices that came with a global economic recovery from the COVID-19 shock a year earlier.