Asian Economic News

Japan Corporate Service Prices Rise 0.2% On Year In April

An index measuring corporate service prices in Japan was up 0.2 percent on year in April, the Bank of Japan said on Monday, standing at 96.5.

That beat forecasts for a contraction of 0.2 percent, which would have been unchanged from the upwardly revised reading in March - which originally was pegged at -0.3 percent.

Prices were flat on month after jumping 0.9 percent in March.

Among the individual components, prices rose for advertising, communications and real estate services - while transportation and finance prices moved lower.

by RTTNews Staff Writer

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