Producer prices in Japan were down 0.6 percent on month in October, the Bank of Japan said on Thursday.
That missed forecasts for a decline of 0.4 percent following the 0.6 percent contraction in September.
On a yearly basis, producer prices skidded 3.8 percent versus expectations for a decline of 3.5 percent following the 4.0 percent drop in the previous month.
Export prices were down 0.4 percent on month and 6.7 percent on year, the bank said, while import prices slipped 1.0 percent on month and plummeted 20.4 percent on year.
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