An index measuring corporate service prices in Japan was down 0.4 percent on year in April, the Bank of Japan said on Tuesday, standing at 96.1.
That missed forecasts for a decline of 0.2 percent, which would have been unchanged from the previous month.
On a monthly basis, corporate service prices were down 0.3 percent after rising 0.7 percent in March.
Among the individual components, prices were up for advertising and transportation. They were down for real estate and flat for other services.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.