Japan's June producer prices surge 7.1% Y/Y to highest since 2023; exceeds forecasts

Source Summary

Japan’s producer prices surged 7.1% year-on-year in June 2026, accelerating from an upwardly revised 6.6% increase in May and outpacing consensus estimates of a 6.8% gain. The reading marks the sharpest annual wholesale inflation jump since March 2023,