AI Data Insight
The month-over-month (MoM) growth rate of Japan's domestic Corporate Goods Price Index (CGPI) for Q3 (August) 2026 dropped from the previous value of 0.15% to -0.22%, falling short of market expectations of a flat performance. Although the single-month momentum showed a cooling trend, the year-over-year (YoY) growth rate continues to hover at high levels due to the weak yen and geopolitical factors driving up energy costs. The market highly expects the Bank of Japan to continue its interest rate hike cycle in the near term to combat the persistently high imported inflation.