Japan's services producer price inflation accelerated in July, data from the Bank of Japan showed Wednesday.
The corporate services producer price index advanced 1.2 percent on a yearly basis in July, faster than the 0.9 percent increase seen in June. This was the highest rate in four months.
On a monthly basis, the services PPI inflation rose to 0.4 percent from 0.3 percent in June.
Excluding international transportation, services producer price inflation climbed to 1.3 percent from 1 percent a month ago. Month-on-month, the index gained 0.4 percent in July.
The material has been provided by InstaForex Company - www.instaforex.com
source http://www.mt5.com/forex_news/quickview/2162611/
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