Japan March PPI grows 2.6% Y/Y vs. 2.4% expected; fastest growth since November

AI Briefing

• – Japan's producer prices rose 2.6% year-on-year in March, exceeding expectations and the fastest growth since November, driven by high cost pressures.
• – This marked a revision from the previous month's 2.1% growth.
• – The increase was in line with economists' expectations of 2.4% growth.