Corporate Goods Price Index Decreased for 5 consecutive months from the same month last year Impact of US-China trade friction November 13th 11:23

k10012175401_201911131122_201911131124.mp4

Last month's “Corporate Price Index”, which shows the price movement of goods traded among companies, was the previous year for five consecutive months as the market conditions for crude oil and other commodities deteriorated due to the effects of trade friction between the United States and China. Less than the same month.

The BOJ interviews companies nationwide every month to investigate the price movements of goods traded between companies.

Last month's corporate price index announced on the 13th was 102.0, an average of 100 in 2015, 0.4% lower than the same month of the previous year.

It is five consecutive months that the index falls below the same month of the previous year.

This is mainly due to the deterioration of the market conditions of crude oil and other products due to the slowdown in the Chinese economy caused by trade friction between the United States and China. “Scraps” such as iron scrap and “oil and coal products” It fell.

On the other hand, the index excluding the impact of the consumption tax hike was 100.5, 1.9% below the same month of the previous year.

The BOJ said, “It was the first time that the index was announced after raising the consumption tax rate, but the impact on the corporate price due to the chilling consumer sentiment was limited. I would like to continue to pay attention to the impact of the consumption tax hike. ”