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Japan June wholesale prices fall 2.4 percent year-on-year

Published 10/07/2015, 01:00
Japan June wholesale prices fall 2.4 percent year-on-year

TOKYO (Reuters) - Japanese wholesale prices fell 2.4 percent in the year to June, Bank of Japan data showed on Friday.

The fall in the corporate goods price index (CGPI), which measures the price companies charge each

other for their goods and services, compares with the median market forecast for a 2.3 percent annual decrease and follows a 2.2 percent annual decrease in May.

Overall final goods prices -- the prices of finished products charged to businesses -- rose 1.4 percentfrom a year earlier.

Domestic final goods prices, which loosely track the consumer price index, fell 0.7 percent from a year

earlier. OLGBBUS Reuters UK Online Report Business News 20150709T235202+0000

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