AI Data Insight
In Q3 2026, Japan's domestic Corporate Goods Price Index (CGPI) grew by 7.6% year-over-year, marking a significant expansion from 7.2% in the previous period and exceeding market expectations of 7.4%. Soaring energy prices and a weak yen have led to a surge in import costs, prompting companies to accelerate cost pass-throughs. With inflation remaining persistently high, market expectations for the Bank of Japan to take further rate hike actions have significantly increased.