Last month, the price level of services offered to businesses rose 1.1% from the same month of the previous year, up for the 10th consecutive month.
The main factors were the resumption of full-scale economic activities, rising transportation costs for raw materials such as oil and coal, and the recovery in demand for accommodation and food and drink.
Every month, the Bank of Japan surveys the prices of various services provided to businesses and publishes them as an index.
According to this, the breaking news of last month was 106.0, which is an index with the average of 2015 as 100, 1.1% higher than the same month of the previous year, and increased for 10 consecutive months.
This is because the number of people infected with the new corona has decreased and the resumption of economic activities has begun in earnest, resulting in rising transportation costs for raw materials such as oil and coal, and demand for accommodation and eating out for business trips and sightseeing. The main factor is the recovery.
As a result, the enterprise service price index for the last year was 105.1, the highest level in 20 years since 2001.
The Bank of Japan said, "It symbolizes the economic recovery from 2020, when the impact of the new corona came out. However, the infection is spreading again at the moment, and we would like to carefully look at the impact on service prices between companies." I am.