TOKYO (AFX-ASIA) - Domestic wholesale prices in August were down 0.1 pct month-on-month after rising 0.1 in July, the Bank of Japan said.
The Bank provided the following August data, compared with the previous month:
Domestic WPI - down 0.1 pct mth-on-mth vs up 0.1
- down 0.9 pct yr-on-yr vs down 0.8
Export WPI - down 1.6 pct mth-on-mth vs up 1.4
- up 3.2 pct yr-on-yr vs up 5.1
Import WPI - down 3.3 pct mth-on-mth vs up 1.2
- up 5.0 pct yr-on-yr vs up 9.1
Earlier, private-sector economists forecast August domestic WPI would come in at between a fall of 0.8 and 1.0 pct year-on-year, with a consensus of a fall of 0.9 pct.
Month-on-month, they forecast domestic WPI would come in at between a fall of 0.2 pct and flat, with a consensus that prices would fall 0.1 pct.