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Japan November wholesale prices fall 2.2 percent year-on-year
December 12, 2016 / 12:52 AM / a year ago

Japan November wholesale prices fall 2.2 percent year-on-year

TOKYO, Dec 12 (Reuters) - - Japanese wholesale prices fell 2.2 percent in the year to November, Bank of Japan data showed on Monday.[JPCGPY=ECI]

The fall in the corporate goods price index (CGPI), which measures the price companies charge each other for their goods and services, compares with the median market forecast for a 2.3 percent annual decrease and follows a 2.7 percent annual decrease in October.

Overall final goods prices -- the prices of finished products charged to businesses -- fell 2.8 percent from a year earlier.

Domestic final goods prices, which loosely track the consumer price index, fell 0.8 percent from a year earlier.

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