An index measuring corporate service prices in Japan slipped 0.2 percent in March from the prior year, the Bank of Japan said Wednesday. It was forecast to ease 0.3 percent.
The annual decrease follows a nil growth in February and a 0.2 percent fall in January.
On a monthly basis, the corporate service price index gained 0.7 percent, which was faster than the 0.3 percent rise seen during February.
Cost of advertising services and transportation increased from a year ago, while prices of information and communications and real estate services declined in March, data showed.
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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.