Japan: CGPI: YoY

Macro

2026-05-15

Description

-

Published by
Statistics Bureau of Japan (Choice)
Frequency
Monthly
Next Update

AI Data Insight

Japan's newly released Q2 2026 domestic Corporate Goods Price Index (CGPI) YoY growth reached 4.9%, expanding significantly from the previous Q1 2026 value of 2.6% and substantially beating the market consensus of 3.0%. A detailed breakdown indicates that Middle Eastern geopolitics drove up energy and chemical costs, which, coupled with a weak yen, caused a surge in import prices. The market expects this wave of imported inflation to compel the Bank of Japan to resume rate hikes earlier in June.

AI Data Insight

Japan's newly released Q2 2026 domestic Corporate Goods Price Index (CGPI) YoY growth reached 4.9%, expanding significantly from the previous Q1 2026 value of 2.6% and substantially beating the market consensus of 3.0%. A detailed breakdown indicates that Middle Eastern geopolitics drove up energy and chemical costs, which, coupled with a weak yen, caused a surge in import prices. The market expects this wave of imported inflation to compel the Bank of Japan to resume rate hikes earlier in June.

Description

-

Published by
Statistics Bureau of Japan (Choice)
Frequency
Monthly
Next Update