✉news BusinessBanking first seen 9 h ago, last 1 h ago, peak #2
Japan's corporate services inflation hits two-year high
Original: Japan's corporate services inflation hits 2-year high
Japan's corporate services price inflation has climbed to its highest level in two years, according to a Reuters report. The reading signals that companies are passing on rising labour and input costs, a trend the Bank of Japan watches closely as it weighs further interest rate hikes. Markets are assessing what firmer service prices mean for the outlook for Japanese monetary policy.
Why now: Fresh inflation data strengthens expectations that the Bank of Japan may raise interest rates again.
Rank over time, top of the chart is #1. 13 snapshots from 9 h ago to 1 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/170573