Japan May Producer Inflation Eases Further to 2-Year Low of 5.1% from April’s 5.9% on Energy Subsidies, Weaker Lumber, Non-Ferrous Metals
–May’s 5.1% Y/Y Rise Lowest Since 5.0% in June and May 2021 –December’s 10.6% Surge Remains Highest in 42 Years By Max Sato (MaceNews) – Producer inflation in Japan eased for the fifth straight month to a two-year low in May as the government’s utilities subsidies continued to cap energy costs and many commodities markets […]