(Reuters) - TOKYO, June 12 - Japanese wholesale prices rose
slightly more than expected in May from a year earlier, with
gains spreading to more products, reaffirming expectations of an
interest rate hike in the third quarter, most likely in August.
Data from the Bank of Japan showed on Tuesday that the
corporate goods price index, which tracks trends in wholesale
prices, rose 2.2 percent in May from a year earlier, just above
economists' median forecast of a 2.1 percent rise.
Read more at Reuters.com Economic News
slightly more than expected in May from a year earlier, with
gains spreading to more products, reaffirming expectations of an
interest rate hike in the third quarter, most likely in August.
Data from the Bank of Japan showed on Tuesday that the
corporate goods price index, which tracks trends in wholesale
prices, rose 2.2 percent in May from a year earlier, just above
economists' median forecast of a 2.1 percent rise.
Read more at Reuters.com Economic News
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