Last month's corporate price index rose for the third straight month, but it was low due to the impact of the new corona September 11, 11:12
Last month's corporate goods price index, which shows the price of goods traded between companies, rose 0.2% from the previous month, rising for the third straight month.
Although the prices of crude oil and metals rose due to the resumption of economic activity, the level remains low due to the influence of the new coronavirus.
Last month's preliminary figures for the corporate goods price index released by the Bank of Japan were 98.8, which was 0.2% higher than the previous month, at a level of 100 in 2015, excluding the impact of the consumption tax hike last year.
This is the third consecutive month that we have exceeded the previous month.
This is because the prices of gasoline, gold, silver, etc., whose global demand has been declining due to the influence of the new corona virus, are rising as economic activity resumes.
However, it has fallen 2.1% compared to the same month last year, and remains at a low level.
Regarding the outlook for the future, the Bank of Japan said, "Crude oil prices have leveled off recently, and demand for steel, textiles, wood, etc. has been sluggish due to the impact of the new coronavirus. I would like to pay close attention to the impact of this situation on prices." I will.