Japan’s Producer Prices Jump Again on Elevated Energy Costs

ckfksvmkz(4]hxsiv4a3v3b)_media_dl_1.png Bank of Japan Article content (Bloomberg) — Japan’s corporate goods prices jumped again in May, signaling strengthening inflationary pressures rippling across domestic supply chains as the war in Iran drags on and keeps energy prices elevated. Article content The measure of input prices for Japanese firms rose 0.9% from a month earlier, and April’s increase was revised higher, the Bank of Japan reported Wednesday. On an annual basis, prices climbed the most in three years — above most estimates in a Bloomberg survey of economists and also following an up…