According to a study by the private think tank Teikoku Databank, Japanese food makers intend to hike prices for 2,105 items in July. The figure is five times higher than a year ago. The prices will increase by an average 15%.
Japan’s industrial production grew less than expected in May as US tariffs weighed on the nation’s exports. Factory output rose 0.5% compared to April, with economists projecting a gain of 3.5%.
An increase of the indicator value may contribute to the rise in quotes of JPY.
A decrease of the indicator value may contribute to the fall in quotes of AUD.
Reuters reports that obscure inflation readings raise concerns among Bank of Japan (BOJ) officials. Policy doves argue this situation points to weak consumer demand in the country.
The JPY publication is expected
Manufacturing PMI
50.4
GMT -12
GMT -11
GMT -10
GMT -09
GMT -08
GMT -07
GMT -06
GMT -05
GMT -04
GMT -03
GMT -02
GMT -01
GMT +00
GMT +01
GMT +02
GMT +03
GMT +04
GMT +05
GMT +06
GMT +07
GMT +08
GMT +09
GMT +10
GMT +11
GMT +12
Australia
Japan
Central Bank interest rate
Gross domestic product
Unemployment rate
Retail sales
Trade balance
Inflation
Business confidence