The price level of services provided to businesses last month increased by 1.0% due to a reaction to the decline in real estate rents for stores last year, and the same month last year for the second consecutive month. It exceeded.
Every month, the Bank of Japan surveys the prices of various services provided to businesses and publishes them as indexes.
According to this, the preliminary figures for last month were 104.9, which is an index with the average of 2015 as 100, 1.0% higher than the same month last year, and has risen for the second consecutive month.
Last month, the third state of emergency was declared in late April, but the scope of coverage is limited compared to the first declaration in April last year, which is a reaction to last year's big drop as a whole. have become.
Among them, “other real estate leasing”, which consists of rents for stores, increased by 6.5% compared to the same month last year.
In addition, “sea freight transportation” by ship increased by 16.5% due to an increase in exports to China.
On the other hand, accommodation charges have fallen due to companies refraining from business trips, and “accommodation services” have continued to decline to minus 7.8%.
The Bank of Japan says, "The current state of emergency has been expanded in scope, and we would like to carefully look at the impact on prices from this month onward."