The typical/expected market impact of this event is low.
The consensus forecast for Producer Price Index (MoM) is 0.1%. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
Lower numbers than forecast tend to be bullish for xxx/JPY pairs and bearish for JPY/xxx pairs.
The most recent announced value for Producer Price Index (MoM) was -0.2% against a forecast of -0.1%.
Recent economic data has been broadly neutral for JPY. Other recent announcements which may affect the market's interpretation of the next Producer Price Index (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Current Account n.s.a. | Bullish change | ¥2684.3B | ¥3775.8B | ||
Labor Cash Earnings (YoY) | Bearish change | 4.1% | 1.5% | ||
Unemployment Rate | Bearish change | 2.3% | 2.6% | ||
Tankan Large All Industry Capex | Bullish change | 11.5% | 12.5% | ||
Tankan Large Manufacturing Index | Bullish change | 13 | 14 | ||
Tankan Large Manufacturing Outlook | (no change) | 12 | 12 | ||
Large Retailer Sales | Bullish change | 2% | 3% | ||
Retail Trade (YoY) | Bearish change | 0.4% | -1.1% | ||
Retail Trade s.a (MoM) | Bullish change | -1.6% | -1.1% | ||
Tokyo Consumer Price Index (YoY) | (no change) | 2.5% | 2.5% | ||
Tokyo CPI ex Food, Energy (YoY) | Bearish change | 3% | 2.5% | ||
Tokyo CPI ex Fresh Food (YoY) | (no change) | 2.5% | 2.5% |
Country: | Japan |
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Currency: | JPY |
Source: | Statistics Bureau of Japan |
Category: | Inflation |
Frequency: | Monthly |