Japan’s Producer Price Index eased from a revised 7.7% to 7.6% y/y in August, but remained above the 7.4% consensus, keeping wholesale inflation at an elevated level. On a monthly basis, PPI swung from a revised 0.4% increase to a 0.2% decline, weaker than expectations for no change. The monthly fall was led by electric […]The post Japan’s PPI Inflation Cools, but BoJ Still Has a 7.6% Problem appeared first on ActionForex.