An index measuring producer prices in Japan were up 3.2 percent on year in March, the Bank of Japan said on Friday – standing at 103.0.
That was just shy of forecasts for 3.3 percent, which would have been unchanged from the February reading.
Among the individual components, prices were down for hotels, real estate, communications and transportation.
For the first quarter of 2015, producer prices were up 3.3 percent on year, slowing from 3.5 percent in the previous three months. They were also down 0.1 percent on quarter after adding 0.2 percent in the three months prior.
The material has been provided by InstaForex Company – www.instaforex.com