TOKYO : Japan's wholesale prices rose 8.2 per cent in February from a year earlier, data showed on Friday, marking the second straight month of year-on-year slowdown in a sign the impact of past spikes in raw material costs is fading.The increase in the corporate goods price index (CGPI), which measures t
TOKYO : Japan's wholesale prices rose 8.2 per cent in February from a year earlier, data showed on Friday, marking the second straight month of year-on-year slowdown in a sign the impact of past spikes in raw material costs is fading.
The increase in the corporate goods price index , which measures the price companies charge each other for their goods and services, was smaller than a median market forecast for a 8.4 per cent gain and followed a 9.5 per cent rise in January. The slowdown in the pace of wholesale price increases heightens the chance Japan's consumer inflation, which is now running at double the central bank's 2 per cent target, will likely moderate in coming months.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan's ispace to list shares in Tokyo ahead of planned moon landingTOKYO : Japan's ispace Inc., aiming to be the first commercial company to land a probe on the moon, announced on Wednesday an initial public offering of its shares.The start-up will list 200 million shares on the Tokyo Stock Exchange's growth section on April 12, according to a release from the exchange,
Read more »
Seven & i to close additional 14 Ito-Yokado stores, exit apparel businessTOKYO : Japan's Seven & i Holdings Co Ltd said on Thursday it will close an additional 14 Ito-Yokado supermarket stores in Japan and fully exit from the apparel business as part of its structural reform plan. The total number of Ito-Yokado stores will be cut to 93 by the end of February 2026, down from 12
Read more »
Perth Mint's February gold sales fall to over 2-yr lowPerth Mint's gold product sales in February fell to their lowest in more than two years, while silver sales rose about 20 per cent on the month, the refiner said in a blog post on Wednesday.Monthly sales of gold coins and minted bars dipped 18.9 per cent to 52,241 ounces last month, from 64,395 in January
Read more »
China confirms 53 'missing or dead' from February mine collapseSearch and rescue work appeared to come to an end as no more people had been found two weeks after the incident. Read more at straitstimes.com.
Read more »
Padang, surrounding buildings potential candidate for Singapore’s 2nd Unesco World Heritage SiteThe Padang Civic Ensemble includes the historical green, open space and former Supreme Court and City Hall. Read more at straitstimes.com.
Read more »
India's April-February finished steel exports slump 52%NEW DELHI : India exported 52 per cent less finished steel from April to February than it did a year earlier, as slowing global demand hit shipments, according to government data seen by Reuters on Thursday.The export volume was lower, at 5.9 million tonnes, despite the government's withdrawal of an expor
Read more »