The Bank of Japan (BoJ) released its Corporate Goods Price Index (CGPI) data on late Wednesday evening. Producer prices in Japan declined 0.2% in February, after a 1.0% fall in January. January's figure was revised down from a 0.9% decrease.

Export prices fell 0.2% in February, while import prices declined 2.9%.

On a yearly basis, producer prices slid 3.4% in February, after a 3.2% drop in January. January's figure was revised down from a 3.1% fall.

Export prices dropped 5.2% year-on-year in February, while import prices plunged 15.1%.