8 April 2002, 09:08  Japan March domestic WPI flat mth-on-mth, down 1.3 pct yr-on-yr

TOKYO (AFX-ASIA) - Domestic wholesale prices in March were flat month-on-month after rising 0.1 pct in February, and was down 1.3 pct year-on-year, after falling a revised 1.4 pct the previous month, the Bank of Japan said. The central bank provided the following March data, compared with the previous month: Domestic WPI - flat mth-on-mth vs up 0.1 - down 1.3 pct yr-on-yr vs revised down 1.4 Export WPI - down 0.8 pct mth-on-mth vs revised up 0.4 - up 1.7 pct yr-on-yr vs up 5.0 Import WPI - down 0.7 pct mth-on-mth vs up 0.4 - down 1.6 pct yr-on-yr vs up 2.7 Earlier, private-sector economists forecast March domestic WPI would come in at between a fall of 1.1 and 1.3 pct year-on-year, with a consensus of a fall of 1.2 pct. Month-on-month, they forecast domestic WPI would come in at between a rise of 0.1 pct and a fall of 0.2 pct, with a consensus of no change.

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