Japan's business services prices rise 1.8% yoy in Feb - BOJ

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TOKYO : Japan's business-to-business services prices rose 1.8 per cent in February from a year earlier, accelerating the pace of increase for a second straight month in a sign inflationary pressure was broadening, Bank of Japan (BOJ) data showed on Monday.The year-on-year rise in the services producer pri

TOKYO : Japan's business-to-business services prices rose 1.8 per cent in February from a year earlier, accelerating the pace of increase for a second straight month in a sign inflationary pressure was broadening, Bank of Japan data showed on Monday.

The year-on-year rise in the services producer price index, which measures the prices companies charge each other for services, followed a 1.6 per cent increase in January, the data showed.

 

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