Description
The Japan Exports Price Index (EPI) is released by the Bank of Japan (BOJ) as part of the Corporate Goods Price Index (CGPI). It measures the changes in prices of goods exported from Japan. This index reflects the trends in the prices of Japanese export goods and is a key indicator for assessing Japan's export competitiveness and the state of international trade.
An increase in the Exports Price Index typically indicates a rise in the prices of Japanese export goods, which may be driven by factors such as a depreciation of the yen, increased global demand, or rising production costs. Conversely, a decrease in this index may suggest an appreciation of the yen or weakening global demand, leading to a decline in the prices of Japanese export goods.
This data is released monthly, providing insights into the changes in the prices of Japanese export goods for the previous month.