Japan: PPI rises 0.3% in May, down -2.1% YoY

FXStreet (Córdoba) – Japanese producer price index rose 0.3% in MAy versus 0.2% expected but declined 2.1% over the twelve months to May, slightly better than the -2.2% of consensus.

Meanwhile, separated data showed Japanese machine orders rose 3.8% in April versus a drop of 2.1% expected. Orders rose 3.0% YoY, beating the -1.4% expected.

Japanese producer price index rose 0.3% in MAy versus 0.2% expected but declined 2.1% over the twelve months to May, slightly better than the -2.2% of consensus.

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