Producer prices in Japan jumped 9.1% in May 2022 from a year ago, falling short of expectations for a 9.8% gain but remaining near-record high as the Ukraine crisis and a weak yen pushed up the cost of energy and raw materials. Costs rose mainly in the following industries, although at a slower annual pace than the previous month: lumber & wood (56.1% in May vs 63.3% in April), iron & steel (29.8% vs 30.5%), electric power, gas & water (28.6% vs 30.5%), scrap & waste (26.8% vs 46.1%) and petroleum & coal products (21.6% vs 30.7%). source: Bank of Japan
Producer Prices Change in Japan averaged 1.46 percent from 1961 until 2022, reaching an all time high of 33.80 percent in February of 1974 and a record low of -8.60 percent in August of 2009. This page provides - Japan Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Producer Prices Change in Japan is expected to be 5.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Producer Prices Change is projected to trend around 2.50 percent in 2023 and 1.80 percent in 2024, according to our econometric models.