Corporate Goods Price Index Decreased for 4 consecutive months from the same month of the previous year Impact of US-China trade friction October 10 11:13
Last month's “Corporate Price Index”, which shows the price movement of goods traded among companies, was below the same month of the previous year for four consecutive months. The main factor is that the market conditions for crude oil and other commodities have deteriorated due to the impact of US-China trade friction.
The BOJ interviews companies nationwide every month to examine the price movements of goods traded between companies.
Last month's corporate price index announced on the 10th was 100.9, an average of 100 in 2015, 1.1% lower than the same month of the previous year.
The index has fallen below the same month of the previous year for the fourth consecutive month, a further decline from the minus 0.9% in August.
Due to the slowdown in the Chinese economy due to the impact of US-China trade friction, the main factor was a deterioration in the market conditions for products such as crude oil. "Coal products" fell by more than 11%.
The Bank of Japan said, “The corporate price index in September is flat compared to the previous month, but prices of items related to commodity prices are likely to fall due to concerns about trade disputes between the US and China. I am watching the trend. "