Japan – service inflation update
We have a look at services price momentum and the BOJ view, with April services CPI, services PPI, and deputy governor Uchida's speech yesterday, remarks that he concluded by saying: "this time is different"!
![Japan – service inflation update](/content/images/size/w2000/2024/05/Japan--SPPI-by-industry----MoM-annualised.png)
We have a look at services price momentum and the BOJ view, with April services CPI, services PPI, and deputy governor Uchida's speech yesterday, remarks that he concluded by saying: "this time is different"!