Japan: CGPI - Product Price Index

Macro

2026-08-13

Description

-

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

AI Data Insight

Japan's Q3 2026 Corporate Goods Price Index (CGPI) rose to 135.8, with a year-on-year increase of 7.2% slightly below market expectations, yet still remaining at historically high levels. Electricity costs and yen-based import prices, which surged by nearly 30%, were the main drivers, indicating that imported inflation pressure remains heavy and further solidifying market expectations for a Bank of Japan interest rate hike in September.

AI Data Insight

Japan's Q3 2026 Corporate Goods Price Index (CGPI) rose to 135.8, with a year-on-year increase of 7.2% slightly below market expectations, yet still remaining at historically high levels. Electricity costs and yen-based import prices, which surged by nearly 30%, were the main drivers, indicating that imported inflation pressure remains heavy and further solidifying market expectations for a Bank of Japan interest rate hike in September.

Description

-

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