Japan's producer prices up by 2.9% in June
Japan's export and import prices up by 10.4%, and 9.5%, respectively, year-on-year in June
By Gokhan Ergocun
ISTANBUL (AA) - Japan's annual producer inflation was 2.9% in June, the Bank of Japan announced on Wednesday.
On a monthly basis, the producer price index was also up by 0.2% in June, the bank's figures showed.
The highest annual hike was seen in nonferrous metals item with 19.4%, while lumber and wood products posted a decline with 2.1%.
The country's export prices went up by 10.4% year-on-year in June.
Import prices also posted an increase of 9.5% in June on a yearly basis.
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