The Bank of Japan (BoJ) released its Corporate Goods Price Index (CGPI) data on late Tuesday evening. Producer prices in Japan declined 0.9% in January, after a 0.3% fall in December.

Export prices fell 0.6% in January, while import prices declined 3.0%.

On a yearly basis, producer prices slid 3.1% in January, after a 3.4% drop in December.

Export prices dropped 5.6% year-on-year in January, while import prices plunged 16.6%.