Weak yen + energy impact, Japan's June PPI soared 7.1% year-on-year to a more than three-year high, and rate hike expectations for October continue to heat up.
According to the Smart Financial News APP, the Producer Price Index (PPI) of Japanese enterprises accelerated in June, reaching the fastest growth rate since March 2023. This data provides key evidence of continued inflationary pressure accumulation, further enhancing market expectations for the Bank of Japan to continue raising interest rates.
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