Track the JN SPPI y/y to gauge future consumer inflation trends as businesses pass on rising service costs.
This is a key indicator of consumer inflation; when companies incur higher costs for services, these expenses are typically transferred to consumers.
What it Measures
Variation in service prices acquired by businesses.
Usual Effect
When the 'Actual' figure exceeds the 'Forecast', it is considered favorable for the currency.
Source & Frequency
Bank of Japan (latest release) - https://www.boj.or.jp/en/index.htm/ • Published monthly, roughly 25 days after the conclusion of the month.
How Data is Derived
N/A
Also Known As
CSPI
Acronym
Services Producer Price Index (SPPI), Corporate Services Price Index (CSPI)