Services prices in Japan rise 0.6% in March

Market news

25 April 2016

Services prices in Japan rise 0.6% in March

The Bank of Japan (BoJ) released its Corporate Services Price Index (CSPI) data on late Sunday evening. Producer prices in Japan rose 0.6% in March, after a flat reading in February.

On a yearly basis, producer prices increased 0.2% in March, after a 0.2% rise in February.

The increase was driven by rises in software development, television advertising, temporary employment agency services, security services and employment services.

People’s Bank of China injected 267 billion yuan into market

European Central Bank purchases €19.91 billion of government and agency bonds last week

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