The price level of services offered to businesses in September was up 0.9% compared to the same month of the previous year.

This is the seventh consecutive month of increase due to the significant increase in transportation costs for international ships and air freight.

The Bank of Japan's preliminary figures for corporate service prices in September were 105.0, an index with an average of 100 in 2015, 0.9% higher than the same month of the previous year, rising for the seventh straight month.



By field,


▽ "Ocean freight transportation" by ship increased by 34.9% due to the international activity of iron ore due to the resumption of economic activities, and


▽ "International air freight transportation" , It increased by 28.5% due to the delay in cargo movement due to the outbreak of new coronavirus infection at the airport in Shanghai, China.



On the other hand,


“accommodation services” fell 8.4% due to the lack of demand for the Tokyo Olympics and Paralympics.



The Bank of Japan said, "We will carefully look at whether demand for services such as accommodation will recover as a result of the cancellation of the state of emergency, and how the recent rise in crude oil prices will affect service prices such as transportation. I want to go. "