10 June 2002, 08:42 Japan May domestic WPI flat mth-on-mth, down 1.2 pct yr-on-yr
TOKYO (AFX-ASIA) - Domestic wholesale prices in May were flat
month-on-month, the same as March, and down 1.2 pct year-on-year, after falling
1.2 pct the previous month, the Bank of Japan said.
Earlier, private-sector economists forecast May domestic WPI would come in
at a fall of 1.0-1.3 pct year-on-year, with a consensus of a fall of 1.1 pct.
Month-on-month, they forecast domestic WPI would come in at between a rise
of 0.1 pct and a fall of 0.1 pct, with a consensus of a rise of 0.1.
The central bank provided the following April data, compared with the
previous month:
Domestic WPI - flat pct mth-on-mth vs flat
- down 1.2 pct yr-on-yr vs down 1.2
Export WPI - down 2.5 pct mth-on-mth vs up revised 0.6
- up 0.6 pct yr-on-yr vs up revised 1.6
Import WPI - down 1.9 pct mth-on-mth vs up 2.7
- down 0.6 pct yr-on-yr vs flat
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