The preliminary figures for August of the corporate goods price index, which shows the prices of goods traded between companies, have exceeded the same month last year for six consecutive months due to factors such as the high crude oil prices.
The Bank of Japan's preliminary figures for the corporate goods price index in August were 105.8, with an average of 100 in 2015, 5.5% higher than the same month last year.
For the sixth straight month, levels have remained high since 2008, following July of the previous month.
This is due to the fact that the prices of crude oil and copper have remained high due to the full-scale resumption of economic activities overseas and the increase in international demand, as well as the prices of raw materials such as wood, aluminum and nickel. Is also rising.
Regarding the outlook for the future, the Bank of Japan said, "The rise in raw material prices has led to a gradual increase in the movement of companies to pass on prices in fields such as food and steel. Since price movements are affected, future movements in corporate prices are difficult to read. "