Japan’s wholesale inflation accelerated sharply in April, adding to expectations that the Bank of Japan could move toward another rate hike as early as June. The Corporate Goods Price Index rose 4.9% yoy, accelerating from 2.9% yoy in March and far exceeding market expectations of 3.0% yoy. It marked the fastest annual increase since May […]The post Japan PPI Surges 4.9% as Energy Shock Intensifies appeared first on ActionForex.