The Corporate Goods Price Index rose 7.2% year on year, with nonferrous metals up 40.6% and petroleum products up 17.5%. The BOJ is watching how companies respond and the measures taken to address rising prices.
The Corporate Goods Price Index rose 7.2% year on year, with higher order-related costs standing out.
By category, nonferrous metals rose 40.6% and petroleum products rose 17.5%, with persistently high materials and energy costs believed to be driving up prices overall.
The BOJ is watching companies' responses and developments in measures to address rising prices.