Japan's wholesale inflation speeds up, keeping BOJ rate-hike bets alive
Japan's corporate goods prices rose 7.1% year on year in October, beating a 6.5% forecast, according to Reuters citing BOJ data. Markets eye December.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
Japan's corporate goods price index, which tracks what companies charge each other for goods and services, climbed 7.1% year on year in October. That was faster than the 6.5% median market forecast and above September's 6.8% rise. Reuters reported the figures, which were released by the Bank of Japan.
The yen-based import price index jumped 24.8% from a year earlier in October. That suggests the currency's weakness keeps raising the cost of raw materials Japan buys from abroad.
The data will be among the factors the BOJ weighs at its December 17-18 policy meeting. It keeps expectations of a near-term interest rate hike alive.
why it matters
For markets, producer-level inflation running ahead of forecasts strengthens the case for tighter BOJ policy. Investors will watch the yen and Japanese government bonds closely ahead of the December meeting.
market impact
Yen and JGBs: hotter producer inflation strengthens bets on a BOJ rate hike
- Yen (USD/JPY) pressure up — expectations of a BOJ rate hike support the yen
tags
instruments
on polymarket
sources
- Japan wholesale inflation accelerates, keeps alive BOJ rate-hike view — Reuters, 12 November 2026 at 00:11 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗