AI Data Insight
The latest released domestic Corporate Goods Price Index (CGPI) for Japan in August 2026 showed a monthly growth rate dropping to -0.2939%, a further decline from the previous -0.2199%. Although government subsidy policies caused the monthly growth rate to turn negative, the market is more focused on its high year-over-year growth of 7.6%, outperforming the consensus expectation of 7.4%. With upstream energy cost pressures temporarily easing, companies are actively passing historical costs down to mid-and downstream sectors, acting as a key driver pushing future core inflation.