HOME > NATION > Article

Text Size

small

medium

large


Japan Producer Prices Fall 2.3 Pct in April

Japan Producer Prices Fall 2.3 Pct in April

   Tokyo, May 15 (Jiji Press)--Producer prices in Japan fell in April at their fastest pace since November 2016 due to the economic fallout from the coronavirus pandemic, the central bank said Friday.
   The producer price index dropped 2.3 pct from a year earlier to 99.6 against the 2015 average of 100, the Bank of Japan said in a preliminary report.
   The pandemic and subsequent business shutdowns cut into energy demand, pushing crude oil prices lower.
   Prices of oil and coal products dropped 29.9 pct, while those of nonferrous metal products fell 9.1 pct. Prices of chemical goods declined 5.1 pct.
   "We'll closely monitor how the pandemic affects business activities as well as commodities prices," an official of the BOJ's Research and Statistics Department said.

To read a full story, please click here to find out how to subscribe.

NATION

Aomori Tourism Information

HEADLINES

POLITICS
Hong Kong Parliament Criminalizes Insulting China's National Anthem
ECONOMY
Tokyo Forex (5 P.M.): U.S. Dollar=109.06-08 Yen; Euro=1.1200-1202 Dollars
SPORTS
Simplification Measures for 2021 Tokyo Games Under Consideration
OTHER
Tokyo Coronavirus Count Up 28 Thurs., Marking Double-Digit Rise for 4th Day

AFP-JIJI PRESS NEWS JOURNAL


Photos