Corporate price index falls below the previous month for the first time in six months Price of crude oil, copper, etc. falls March 10 at 10:37
Last month's "Company Price Index," which shows the price movement of goods traded among companies, fell below the previous month for the first time in six months, as crude oil and copper prices fell due to the spread of the new coronavirus infection. Was.
The BOJ conducts monthly surveys and interviews with domestic companies to examine the price movements of goods being traded between companies.
Last month's corporate price index, which was announced on the 12th, was 102.0, an index of 100 in 2015, down 0.4% from the previous month.
The corporate price index continued to increase compared to the previous month due to the effect of the consumption tax hike last October, but fell for the first time in six months.
This is mainly due to the view that the spread of the new coronavirus has led to a decline in demand for raw materials due to stagnant personal consumption and production in various countries, and the decline in prices of crude oil and copper worldwide. .
The Bank of Japan said, "Once the talks between the Organization of Petroleum Exporting Countries and non-member oil producers broke down this month, oil prices have fallen further, affecting the price as well as the spread of the new coronavirus. I want to watch carefully. "