Producer prices in Japan were up 0.7 percent on year in August, the Bank of Japan said on Friday.

That topped expectations for an increase of 0.5 percent following the 0.6 percent gain in July.

On a monthly basis, prices fell 0.2 percent after gaining 0.2 percent in the previous month.

Among the individual components, prices for leasing, advertising and employment services were up, while communications and real estate prices were down.

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