Producer prices in Japan were up 0.5 percent on year in October, the Bank of Japan said on Wednesday.

That was shy of forecasts for an increase of 0.6 percent following the downwardly revised 0.5 percent increase in September (originally 0.6 percent).

On a monthly basis, producer prices added 0.1 percent after easing 0.2 percent in the previous month.

Among the individual components, prices were down for leasing, finance and postal services. Prices were up for advertising and real estate.

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