Japan’s Corporate Service Prices Rise 2.7% in August

The increase is driven by the continued pass-through of higher labor costs into service charges.

Summary

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Terms & Concepts
  • Corporate Service Price Index (CSPI): An economic indicator measuring the prices of services provided between companies, reflecting cost trends in the corporate sector.
  • Pass-through: The process by which businesses transfer rising input costs, such as labor expenses, into the prices charged to customers.
  • Labor Costs: Total expenses incurred by employers for employee wages, benefits, and other compensation-related items.