Japan data – July PPI Services (Corporate Services Price Index) +1.7% y/y (expected 1.3%)

<p>July 1.7% y/y, a decent sized jump:</p><ul><li>expected 1.3%, prior 1.4%</li></ul><p>Japan Services Producer Price Index (PPI) measures the average change over time in the prices received by service providers (in the private sector) for their services in Japan</p><ul><li>Data published by the Bank of Japan</li><li>covers services such as transportation and communication, finance and insurance, wholesale and retail trade, and others</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.