Japan April wholesale prices rise 4.9 pct yr/yr

Japan April wholesale prices rise 4.9 pct yr/yr


TOKYO, May 15 : Japanese wholesale prices rose

4.9 per cent in the year to April, Bank of Japan

data showed on Friday.

The rise in the corporate goods price index (CGPI), which measures the price companies charge each

other for their goods and services, compares with the median market forecast for a 3.0 per cent annual

increase and

follows a 2.9 per cent annual increase in March.

Details were as follows (preliminary, with percentage change; economists’ median forecast in parentheses;

previous figures may be revised):

APRIL MARCH FEB APRIL INDEX

Year-on-year +4.9 (+3.0) +2.9 +2.1 +132.8

Mth-on-mth +2.3 (+0.7) +1.0 0.0

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