Business · Economy · 1 hr ago
Japan’s corporate goods prices rose 7.1% in October
The Bank of Japan said corporate goods prices rose 7.1% in October compared with a year earlier.
The index measures prices for goods traded between businesses in Japan.
Its preliminary reading was 136.8, using the average level in 2020 as 100.
The annual increase was 0.3 percentage points faster than in September and 0.6 points above private forecasts.
Oil and coal products helped drive the faster rise.
Changes in business prices can affect consumer inflation, alongside prices for services sold to businesses, but no next step was given.
Japan’s corporate goods price index rose 7.1% in October from a year earlier.
The Bank of Japan said the index stood at 136.8, based on a 2020 average of 100.
The annual rate of increase was 0.3 percentage points higher than in September.
The result was 0.6 percentage points above private-sector forecasts.
Higher growth in petroleum and coal products contributed to the increase.
- Who
- The Bank of Japan announced the figures.
- What
- Japan’s corporate goods price index rose 7.1% year on year to 136.8.
- When
- October 2026; the figures were announced on November 12, 2026.
- Where
- Japan.
- Why
- Growth in prices for petroleum and coal products increased. The sources do not give further reasons.
This story does not have two clearly opposing sides.
Japan’s corporate goods price index rose 7.1% from a year earlier.
The Bank of Japan announced the preliminary October index.
- Annual change
- 7.1% increase
- Index value
- 136.8
- Index base
- 2020 average = 100
- Change from September’s annual rate
- Up 0.3 percentage points
- Forecast comparison
- 0.6 percentage points above private-sector forecasts