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Breaking Posted 1 day ago

Japan PPI Services June 3.2%, misses 3.4% estimate

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Japan's June PPI Services rose 3.2% year-over-year, below the 3.4% forecast and down from 3.3% in May. The miss signals softer service-sector inflation, potentially easing BoJ rate-hike pressure and weighing on USD/JPY as markets reassess BoJ tightening expectations relative to Fed hawkishness.
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1 day ago

Japan Service PPI misses forecast at 3.2% versus 3.4%

Japanese Service Producer Price Index came in at 3.2% actual versus 3.4% forecast and 3.3% prior, signaling softer service-sector inflation. This miss on expectations could weaken the case for continued BOJ tightening, pressuring JPY lower as markets reassess rate-hike odds amid broader USD strength narrative.

https://x.com/financialjuice/status/2081528017763889286
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