Japan January Corporate Service Prices Rise 0.8%
An index measuring corporate service prices in Japan was up 0.8 percent on year in January, the Bank of Japan said on Tuesday, coming in at 96.3.
That was shy of forecasts for an increase of 1.2 percent following the downwardly revised gain of 1.1 percent in December (originally 1.3 percent).
On a monthly basis, corporate service prices dropped 0.6 percent after adding 0.2 percent in December.
Among the individual components, prices moved lower for transportation, communications and advertising; prices were up for leasing and other services.
News are provided by InstaForex.