Asian Economic News

Japan Corporate Service Prices Rise 0.3% In May

An index measuring corporate service prices was up 0.3 percent on year in May, the Bank of Japan said on Tuesday, standing at 96.3.

The headline figure topped expectations for a flat reading following the revised 0.3 percent contraction in the previous month (originally -0.4 percent).

On a monthly basis, prices added 0.1 percent after dipping a revised 0.2 percent in April.

Among the individual components of the survey, prices were up for advertising, transportation, communications and real estate.

by RTTNews Staff Writer

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